The dollar is strong against most currencies this morning due to a rise in treasury yields, which have been brought about by climbing oil prices and disappointing data from China.
It’s a busy week for data in the US, with industrial production and manufacturing production figures today, jobless claims data on Thursday and PMI data on Friday. This will all give an indication of how the US economy has performed in September and October.
A series of Federal Reserve officials are due to speak throughout the week and are expected to comment on the economy and rising inflation.
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