The dollar is stronger against a basket of currencies this morning ahead of the Federal Reserve’s latest meeting minutes, which are due to be released on Wednesday.
The greenback was boosted on Friday following comments from Fed officials, which suggested that monetary stimulus may be tapered at a faster rate due to a strong economy recovery and high inflation. The markets will be looking out for more evidence of this in the meeting minutes.
There will also be a series of data releases for the US this week, including personal income figures and durable good orders on Wednesday.
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