The dollar remains in a strong position and is still benefiting from hawkish comments from the Federal Reserve last week around rising interest rates.
Treasury yields have fallen, however, the greenback appears relatively unaffected. The Fed is due to speak again this evening.
It’s a very busy week for data releases in the US, with existing home sales on Tuesday, Markit PMI and new home sales on Wednesday, GDP Growth Rate and Initial Jobless Claims on Thursday, and Personal Spending on Friday.
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