It was a strongly positive day for the US dollar as hopes for a rapid end to the “largest oil supply crisis ever”, according to the International Energy Agency, faded. With the euro weakening and Bank of Japan considering a move on interest rates, the US dollar is gaining from the risk off mood. We’ve got some high-level data out this afternoon, including JOLTs Job Openings and Michigan Consumer Sentiment Index, although the latter, at least may already feel out of date.
USD/GBP past year
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