The dollar was little changed yesterday morning and benefitted from a weaker pound in the afternoon. Following strong data earlier in the week, the greenback brushed off reports that Philadelphia Fed’s business conditions index fell to 0.3 in December from 10.4 in November.
US GDP data is due to come in today and is expected to show a 2.1% increase. Personal Income and Personal Spending figures are also due to be released, as well as a series of other data.
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