The dollar ended the day down against the pound, as the latter was buoyed by a Brexit extension. The US’s goods trade deficit shrank to USD 70.4 billion, as imports declined 2.3 percent month-on-month.
The S&P500 hit a record high, rising 0.6%, with Donald Trump tweeting that it was ‘a big win for jobs, 401-K’s, and, frankly, EVERYONE!’
The greenback awaits the Federal Reserve’s decision on interest rates, which will take place tomorrow.
For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 7898 0500 or your Private Client trader on 020 7898 0541.


