The dollar index (DXY) weakened this morning amid recession fears and renewed concerns over the US banking sector.

The return of banking and recession fears means many dollar-watchers will be keeping a close eye on today’s key data for a bigger insight into the country’s economic health.

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.

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