💨 Abstract

dollar declines after Fed Chair Powell indicates no immediate plans for further interest rate cuts, citing a strong U.S. economy. Inflation data for January is due on Wednesday. Traders are monitoring U.S. President Trump's tariff announcements, which could impact global growth and inflation. Trump plans to impose reciprocal tariffs on other countries, with the EU promising retaliation.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖