After edging higher against a basket of currencies over the past week, the dollar has settled near a two-week high. Against the pound, it is slightly stronger than it was this time last week.
ADP employment figures released yesterday showed that US private employers added the most jobs in seven months in April. This comes ahead of jobless claims figures today and the eagerly anticipated Non-Farm Payrolls report tomorrow, which is expected to show that 978,000 jobs were added to the US economy in April.
Several Federal Reserve officials will speak today and could comment on the recent positive data releases in the US.
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