The dollar’s positive week and month continued yesterday, with 0.30% to 1.30% rises against the next few most-traded currencies in the past week.

The biggest rise was against the pound, and the greenback is now 2.5% stronger than at the end of July.

That could all change this afternoon, with the highly influential Fed Chair speech at the Jackson Hole Symposium.

Next week we’ll hear the first of the two main gauges of the US labour market, JOLTS job openings on Tuesday.

For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 3918 7255 or your Private Client trader on 020 7898 0541.

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