The dollar is slightly weaker against a basket of currencies this morning ahead of the release of US inflation data tomorrow.

Inflation is predicted to have stayed the same year-on-year in May and core inflation is predicted to have decreased slightly.

Today, jobless claims figures will be released, which will give an indication of how the labour market has performed over the past week.

For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 3918 7255 or your Private Client trader on 020 7898 0541.

 

 

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