A mixed day for the dollar yesterday, with marginal movements against the pound and euro, and the biggest loss, of almost 0.5% against the Australian dollar (which has had a positive week all round following news of Chinese economic growth).

However, there has been a strong bounce-back this morning, with rises of up to 0.5% against most currencies (although not the euro).

The ends of months tend to be quieter for data in the USA, and there is certainly little on the immediate horizon until GDP next Thursday.

For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 3918 7255 or your Private Client trader on 020 7898 0541.

USD/EUR past year

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