American dollar remains under the pressure of NFPS, Trump and Powell comments

DXY is still sinking, losing over 3.5%this week.
Non -parmer payroll in February has no expectations, and the unemployment rate increases.
FED officials signal many rates of rates in 2025, fulfilling the greater weakness of USD.
Tariff uncertainty continues because President Trump indicates novel Canada fees.

The American dollar index (DXY) expands its brutal slide on Friday, guided by the worst weekly results over a year, because traders accelerate the sale before February with employment report. Greenback is now free, with the expectations of many Fed rate discounts and growing economic uncertainty that drives capital outflows.

Meanwhile, the volatility associated with the tariff continues, and the President of the United States (USA) Donald Trump keeps the markets on the edge, indicating fresh trade funds against Canada, but refusing to get involved in the timeline. DXY is now trying to keep the handle 104.00, lost over 3.5% from Monday, marking historical devaluation.

Daily Digest Market Movers: Spiral to lower among the risk of Fed and Tariff

On the front of the data, American payroll lists (NFP) brought 151,000 in February, there is a lack of a forecast of 160,000, but above 125,000 in January.
The average escalate in hourly profits slowed down to 0.3% of the month, which is a decrease from the January 0.4%.
The US unemployment rate increased to 4.1%, which means an escalate from the previous 4.0%.
The Fed governor, Christopher Waller, suggested the potential to three rates of rates this year, strengthening the pigeons of market expectations.
The chairman of the Federal Reserve Jerome Powell warned that the constant uncertainty of politics complicates the central bank’s ability to adapt monetary policy.
Markets continue to digest moving expectations regarding FED policy, with the interest rate difference between the US and other economies.
President Trump suggested novel tariffs in Canada, but he refrained from confirming a specific schedule, leaving uncertainty on the markets.
The CME Fedwatch tool now shows the growing probability of reduction of the rate in June, because traders another price in relief.
On the daily chart, the Fed sentiments indicator fell towards 100, which reflects the leisurely slim federation towards a more pigeon.

DXY Technical perspectives: Bear pressure dominates

The American dollar index (DXY) is rooted in a deep sale, which ruined below 104.00 and visiting its lowest levels from November 2024. 20-day and 100-day straight-straight average movable (SMA) has now confirmed the crossover bears, strengthening the negative moment. The relative force indicator (RSI) signals sold out conditions, which suggests a potential compact -term reflection, but MacD remains strongly on the territory of the bear, indicating a further risk of decline. If DXY does not recover 104.50, the next level of key support lies at 103.50, which can determine whether the sale extends further.