The dollar is still benefitting from Wednesday’s inflation figures and is trading close to yearly highs against both the pound and the euro.
It was a quiet trading day in the US yesterday due to Veteran’s Day, however the greenback could be subject to some movement later today as we see both the University of Michigan’s Consumer Sentiment index and US job openings.
Consumer sentiment for November is predicted to increase, from 71.7 to 72.4, while the number of job openings is expected to decrease.
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