The dollar was weak yesterday as it awaited further details of the US-China phase one trade agreement. It’s thought that despite China’s trade delegation expressing optimism for the deal, some officials remain cautious.
The deal, which was announced on Friday, is the start of an agreement between the two sides but does not mean that the trade war is fully resolved.
Today, we’ll see a series of data for the US including Industrial Production and Manufacturing Production.
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.


