USD: Dollar on upswing

The dollar was the big winner yesterday, gaining by between 0.5 and 1.5% against major rivals.

Today and tomorrow there will be a host of interest rate setters from the US Federal Reserve’s FOMC, including chairman Jerome Powell at 2.15pm UK time.

There will also be mortgage information tomorrow.

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.

USD/GBP past year

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