The dust began to settle after the Mueller Report, and President Trump was able to celebrate Easter in the traditional way, with a man dressed up in an Easter bunny outfit at the White House Easter egg roll.
The dollar has stayed essentially unchanged against the Euro over the past month, while it strengthened against sterling to leave the pound worth slightly under $1.30 at the start of this week’s trading.
There are some important data releases this week, including Durable Goods Orders on Thursday, which are forecast to recover strongly, and the quarterly GDP growth rate, which is expected to slip to 2%.
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.
