While sterling and the euro continue to plummet, the dollar makes  gains against both currencies.

It’s a busy day at the Federal Reserve a total of 5 speeches will be heard throughout this afternoon.

Markets can expect lots of important data releases today, including pending home sales, wholesale inventories MoM and goods trade balance.

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.

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