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NEW YORK (Reuters) -The dollar rose in choppy trading on Friday after data showed that U.S. job growth slowed in January but that the unemployment rate edged down to 4.0%, giving the U.S. Federal Reserve cover to hold off cutting interest rates until at least June. The U.S. currency was also boosted by comments from President Donald Trump that he plans to announce reciprocal tariffs on many countries next week, without specifying which countries. "We don't really have a trend in nonfarm payrolls," said Joseph Trevisani, senior analyst at FX Street.

Japan should be on alert for any spillover effects from rising foreign market volatility that could affect liquidity conditions for its financial institutions, the International Monetary Fund said on Friday. The IMF also said the country needed to be vigilant about monitoring any fallout from the Bank of Japan's interest rate rises, such as an increase in the government's debt-servicing costs and a possible jump in corporate bankruptcies. "As interest rates rise, the cost of servicing the large public debt is expected to double by 2030, putting a premium on a robust debt management strategy," the IMF said in a statement released after its consultation with Japanese policymakers.

The world's leading central bank umbrella group, the Bank for International Settlements, has delivered its first public warning about the risks posed by U.S. President Donald Trump's trade war and deregulation plans. BIS head Agustin Carstens said trade developments were a prominent worry now, while fiscal policy, regulation, immigration policy and the broader geopolitical backdrop all carry major question marks. "Such pervasive policy uncertainty will affect central banks in several ways," Carstens, who was previously governor of the Bank of Mexico, said in a speech delivered in Mexico City.

"He wants lower rates. He is not calling for the Fed to lower rates," the Treasury Secretary said this week.

Diversified solutions provider Matthews International (NASDAQ:MATW) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 10.7% year on year to $401.8 million. Its non-GAAP profit of $0.14 per share was 37.8% below analysts’ consensus estimates.

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Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in after-hours trading due to disappointing guidance for the current quarter. The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared to the same period in 2023. Profits came out to $20 billion while earnings per share reached $1.86, higher than the $1.49 that analysts surveyed by FactSet had anticipated.