It was a positive day all round for the dollar, strengthening by 0.5% against the euro and the yen. Against the pound there were strong gains at midday which dissipated in the afternoon session.
This afternoon we’ll hear Retail Sales, which are expected to have risen strongly in July. Tomorrow there will be housing data, but the main event will be the minutes of FOMC, the US Federal Reserve’s interest rate setting committee.
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USD/GBP past year
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