United Kingdom BRC Shop Price Index (YoY): -0.7% (January) vs -1%

Jan 29, 2025

EUR/USD backslides ahead of Fed rate call

EUR/USD pared recent gains on Tuesday, shedding six-tenths of one percent and inching back toward the 1.0400 handle as markets gear up for another outing from the Federal Reserve (Fed) on Wednesday.

White House Press Secretary says February 1 tariff deadline on Canada and Mexico still stands

US President Donald Trump's press secretary Karoline Leavitt said late Tuesday that the plan to impose Canada and Mexico with punishing tariffs on February 1 is still in play.