Not a positive start of the week for the US dollar, sliding by as much as 0.6% against some rivals, notably JPY, and this morning hitting its lowest against GBP for over a year.
Treasury Secretary and ex-chair of the Federal Reserve Janet Yellen has been visiting China, trying to smooth over some of the differences between the two countries.
There were no particularly interesting data releases yesterday, or indeed today, but tomorrow we’ll hear inflation, and that could easily move the market. Around 3.1% is expected – down from last month’s 4%.
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USD/GBP past year
