The dollar remains strong, on the promise of a tightening of monetary policy as the Fed looks to control inflation.
Indeed, the dollar’s success has now stretched to the full year, as it reaches 3% up against the pound compare to last December, 8% up on the euro and over 10% stronger against JPY and SEK.
This week’s data includes retail sales for the crucial November period, including Black Friday, tomorrow, which will be followed at 8pm (UK time) with the Fed’s interest rate decision.
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