The dollar has strengthened slightly this morning following a positive non-farm payrolls report on Friday.
The report showed that the US economy added 467,000 payrolls in January, exceeding market forecasts of 150K. Employment growth continued in leisure and hospitality following the Omicron peak.
All eyes will be on US inflation data this week, which is due to be released on Thursday. The figures are expected to have risen in January to 7.3% year-on-year and core inflation to 5.9%.
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