The dollar remains strong against most currencies this morning as it continues to benefit from its status as a safe haven currency.
Fears of slow economic growth are supporting the greenback. These fears were heightened after data released on Friday, which showed that U.S. manufacturing activity slowed more than expected in June, with a measure of new orders contracting for the first time in two years.
Minutes from the Federal Reserve’s latest monetary policy meeting will be released on Wednesday, providing further clarity on officials’ thinking behind monetary policy and interest rates.
On Friday, Non-Farm Payrolls will be released, indicating how the US economy performed in June.
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