The dollar weakened generally yesterday, losing well in excess of 1% against the euro, pound and Australian and Canadian dollars as a risk on attitude permeates the markets.
There was little on the data front yesterday, but later today there will be some industrial production data. It’s one of the weeks when property comes to the fore, with housing starts and building permits tomorrow, and existing home sales on Thursday.
Several members of the Fed’s rate-setting committee the FOMC will be speaking this week, starting with Neel Kashkari this evening and many others tomorrow.
USD/GBP past year
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