The dollar remains under pressure ahead of key US macroeconomic data. At the same time, the US dollar retains its attractiveness versus cryptocurrencies, partly because the Federal Reserve is expected to keep the status quo on monetary policy. The prior FOMC meeting left the policy rate in the 3.50–3.75% range, citing resilient economic growth and

NASDAQ 100 futures (NQ) are currently rotating near the 25,330–25,350 area, a zone that has acted as the market’s balance point so far today. While price has moved both higher and lower intraday, neither buyers nor sellers have been able to force lasting acceptance outside this range. This makes 25,365 on the upside and 25,310

The Japanese yen is struggling to capitalize on its modest intraday gains against a broadly weaker US dollar. Investors remain concerned about Japan’s fiscal sustainability amid expansionary fiscal initiatives by Prime Minister Sanae Takaichi. Moreover, political instability ahead of the snap election on February 8 discourages traders from taking aggressive bullish positions on the yen.