Currency Market Update - Feb 4th 2026

Currency Market UpdateThe U.S Dollar has largely remained subdued over the last few days as the nomination of Kevin Warsh for the Federal Reserve Chairman has increased speculation of a more dovish Central Bank moving forward, with the aim of keeping interest rates low to stipulate economic growth and employment.

A final decision is still to be made but markets will be watching with full focus centred around what the possible impact will be on interest rates come May onwards.

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