The US dollar’s fall continued this morning, and more precipitately than yesterday’s small decline against the euro. Against sterling the fall has been more gradual but relentless since Monday morning.
Today’s data includes housing and construction data this afternoon, mortgages tomorrow, jobs on Thursday and early PMI data on Friday.
Also of great interest this week will be the release of the Federal Reserve’s monetary policy meeting minutes on Wednesday, as traders analyse them for any clue on future interest rate movements in the face on inflation fears.
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