The dollar strengthened marginally yesterday against both euro and sterling, powered by rising US bond yields.
Investors are awaiting further guidance from the FOMC tomorrow on the future direction of interest rates, as the economy prepares to surf a wave of cash, with stimulus cheques starting to arrive on Wednesday.
There will also be plenty of data for the markets to chew on as we reach midweek, with retail sales, exports, industrial production and housing all on the docket.
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