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February 13, 2026
USD flows: Supreme Court decision on tariffs possible on February 20, but not certain
February 13, 2026 5:34 PM UTC
The Supreme Court has scheduled February 20 as a day for announcements. There is no certainty on which cases will see decisions announced for, but a ruling on the Trump reciprocal tariffs is a clear possibility.
February 11, 2026
February 05, 2026
February 02, 2026
USD flows: Shutdown postpones January non-farm payroll
February 2, 2026 6:26 PM UTC
While House Majority leader Johnson is still optimistic about getting the partial government shutdown resolved tomorrow (Tuesday), the Labor Department has no stated that the shutdown has already lasted long enough to cause Friday’s non-farm payroll to be delayed.
USD flows: Shutdown politics and economic data
February 2, 2026 1:39 PM UTC
The US government is now in a partial shutdown which is expected to be resolved fairly soon, but probably only for two weeks. The December JOLTS report on labor turnover due on Tuesday February 3 may be delayed, but initial claims on Thursday February 5 and the key January non-farm payroll on Friday
January 26, 2026
EUR/USD, USD/CAD flows: US shutdown and tariff risks
January 26, 2026 4:06 PM UTC
The USD remains under pressure with EUR/USD breaking above 1.19 despite a healthy durable goods orders report and a significantly less negative Dallas Fed manufacturing survey, with US politics, in particular the growing risk of a government shutdown, weighing.