The US dollar hit yet another six-month high against the pound and euro yesterday, as the markets, and gilts, reacted to the belief that interest rates will soon be on the move upwards again.
We’ll get some property market data out this afternoon, with the S&P Home price Index, as well as that from the Federal Housing Finance Agency and Building Permits too. Evidence of a housing market on the skids put potentially hit the value of the dollar.
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USD/GBP past year
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