The dollar is under pressure against both the pound and euro this morning after a disappointing Non-Farm Payrolls on Friday.
The US economy was expected to have added 978,000 jobs in April, but instead the figure came in at just 266,000. Gains in leisure, hospitality and other services were offset by losses in temporary help services, couriers and manufacturing.
There will be speeches from several Federal Reserve officials this week, who could comment on the disappointing jobs report and the recovering US economy.
US inflation rate figures will be released on Wednesday and retail sales figures for April will come out on Friday, expected to show a 0.2% increase month-on-month.
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