The dollar continues to benefit from the ‘risk off’ sentiment, strengthening to its strongest against the pound for 16 months and against the euro for 22 months. The rise against the euro has stalled for now.
Following the good news on jobs on Friday, yesterday was very quiet for data. Later today, however, we’ll get the balance of trade figure and tomorrow is JOLTs Job Openings, leading to the all-important inflation figure for February on Thursday and Michigan Consumer Sentiment on Friday.
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