After a brief uplift in the morning, the dollar was choppy against the pound yesterday. Any fall, however, was tempered by its safe haven status, which means the greenback is attractive in times of crisis.
The interest rate cut from the Federal Reserve weakened the dollar slightly, and the Fed are due to meet again at their official meeting this week.
We’ll see a series of data releases for the US today, including retail sale figures, which are expected to drop slightly month-on-month.
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