The dollar is steady against the euro and the pound this morning. A relatively busy week of data releases lies ahead in the US, culminating in Non-Farm Payrolls on Friday.

The Non-Farm Payrolls data is expected to show that the US economy added 675,000 jobs in June, higher than last month’s figure of 559,000. If the number falls short of expectations, this could impact the dollar.

Also this week, Manufacturing PMI data for the US will be released, as well as jobless claims figures. There will also be speeches from several Federal Reserve officials.

For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 7898 0500 or your Private Client trader on 020 7898 0541.

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