The dollar has weakened slightly against the euro this morning.
The US saw mixed data releases yesterday. PMI figures surprised markets, rising for both the manufacturing industry and the service industry in March; however, the number of new orders for durable goods fell in February.
Speaking at the NATO summit yesterday, President Biden has officially accused Russia of war crimes in Ukraine.
Two Fed officials will speak today and markets will be listening closely to any further comments surrounding interest rate hikes. The Fed is currently holding a hawkish position with regards to rate hikes, so any dovish words could impact the dollar.
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