US tariffs on Canadian steel and aluminium rise, impacting USDCAD trends; Canada resists amid ongoing trade tensions.
Brazil’s industrial output rose 1.4% in January, below market expectations of 2.2% growth year-on-year.
Trump doubles tariffs on Canadian steel, raising concerns. S&P 500 drops, but tariffs may be temporary.
USD/CAD declines to 1.4400 after 1.4470 high, impacted by US Dollar weakness and Trump’s tariff agenda.
Job openings reached 7.740 million, quits rose to 2.1%, and hires remained steady at 5.4 million.
GBP/USD holds near 1.2923, facing resistance at 1.2975 amid overbought signals and economic downturn concerns.
Dollar fell, Treasury yields rose, S&P 500 futures recovered, Bitcoin fluctuated, CPI report awaited, JOLTS slightly increased.
The S&P 500 falls below its range and 200-day moving average, signaling potential further decline toward key support levels.
Nasdaq Futures recover 2.28% to 19,563; key resistance at 19,650–19,885; support at 19,215–19,493; monitor order flow.
Dollar Index declines past 200-DMA, nearing 103.30 support; MACD remains negative, resistance at 105 if rebounding.
Insights 
VT 
