The dollar has lost some of the massive gains it made following the pound’s recent turbulence, but is still stronger against both currencies, and is the market’s ultimate safe-haven currency.
Lots of key data will be released from the US today including ADP employment change, Balance of Trade and ISM Non-manufacturing PMI.
PMI is expected to edge down slightly from 56.9 to 56.4 (however this prediction still points to some of the strongest growth in services within the last four months).
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