The dollar has continued to climb against the euro and most other major currencies – the pound excluded – following good news on jobs on Friday. It is now at its highest rate against EUR since July 2020.
Against the pound, last week USD was at its strongest for the whole year but has slipped fractionally following good news on British jobs and earnings this morning.
There is a lot of data coming onto the wires later today, with retail sales for October this afternoon and housing data tomorrow. There are also speeches from most members of FOMC, America’s interest rate-setting committee.
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