On Monday, Federal Reserve Governor Philip Jefferson delivered a speech on ways to measure and characterize recent inflation in the US, as well as the dual mandate yesterday at an online event hosted by Harvard University. Jefferson’s speech did not seem to trigger any extreme volatility for the dollar however, dollar-watchers will look to today’s CB consumer confidence data, which is more likely to influence movement.
For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 7898 0500 or your Private Client trader on 020 7898 0541.
