The Currency analytics
By Bruce Buterin
Dollar strength accelerates Friday. The greenback builds momentum against major currencies as traders digest robust U.S.
The U.S. dollar index climbs 0.3% to 96.45 by midday, tracking the currency against six major rivals.
Eurozone inflation drops hard. January figures hit 2.9%.
The decline from December's 3.4% reading catches analysts off guard - most had predicted a much smaller drop.
ECB President Christine Lagarde recently pushed for cautious monetary moves, but the inflation surprise changes everything.
Traders can't stop watching upcoming U.S. jobs data. A strong labor market reading would cement expectations for more Fed rate hikes ahead.
The pound holds at $1.2975. Britain's central bank just raised rates, staying true to its inflation-fighting strategy.
The Bank of Japan won't budge from its ultra-easy policy stance. The yen's weakness reflects dollar strength more than anything happening domestically in Japan.
Australia's dollar drops to $0.7020 as the greenback steamrolls everything in its path. Higher commodity prices aren't enough to prop up the Aussie.
Emerging markets paint a mixed picture. South Africa's rand gains ground while Mexico's peso loses steam.
Currency volatility stays elevated across all major pairs. Central bank meetings loom large, with traders hanging on every word from policymakers.
Both the ECB and Fed have critical meetings coming up. Market participants will dissect every signal for policy clues.
Christine Lagarde's next public appearance draws massive attention. Investors want clarity on where the ECB heads from here.
The Fed stays quiet on this week's economic indicators. Officials aren't tipping their hand ahead of March's policy meeting.
Switzerland's franc dips to 0.9250 against the dollar. The Swiss National Bank keeps intervening to manage franc strength, a strategy that continues despite global economic…