The dollar is being pulled in two directions. On one side, a more hawkish-leaning narrative around Fed leadership has been supportive. On the other, the market still wants cold, hard data before it commits either way. Wednesday brings the rescheduled January jobs report, and Friday brings the delayed CPI release. Those two numbers can reset expectations quickly, especially after a week where the calendar has been messy.
USD: The dollar waits for proof
Christopher Nye
on February 6th, 2026 
