Sweden Purchasing Managers Index Manufacturing (MoM) increased to 52.9 in January from previous 52.4

Feb 3, 2025

USD/CAD advances to near 1.4700 following Trump tariffs on Canadian imports

The USD/CAD pair gains strength for the sixth consecutive day, trading around 1.4710 during the early European hours on Monday.

ECB's Villeroy: There will likely be further rate cuts

European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Monday that US President Donald Trump's tariffs will increase economic uncertainty, calling it a "very worrying development," as reported by Reuters.