The US dollar has continued to bask in the glow of last Friday’s outstanding non-farm payrolls data, albeit with the shine slightly taken off yesterday by the number of unemployment claims rising for the first time in six weeks.
This afternoon we’ll hear the Michigan Consumer Sentiment reading, as well as from two members of the Fed’s interest rate setting panel, the FOMC.
Next week is a busy one for data, like the UK, with inflation and retail sales on Tuesday and Wednesday respectively. The markets will be expecting a further drop in inflation to 6.3%.
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USD/GBP past year
