USD: Strong day for the dollar

The dollar strengthened against the pound for reasons we all know about yesterday, but it also hit a three-month high against the euro as a further interest rate cut from the Fed appears less likely this year. The US government shutdown continues to limit data coming out of the USA in a week when we should be hearing Non-Farm Payrolls. What we do have coming up is ISM Services PMI today and Michigan Consumer Sentiment on Friday.

USD/GBP past year

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