Dollar weakened yesterday evening as optimism surrounding Brexit boosted the pound. It has also weakened against the euro this morning as a disappointing set of German Factory Orders appear to have little effect on the single currency.
In another release of poor economic data for the US, as Private payroll data revealed that American companies only created 129,000 new jobs last month, which was fewer than expected and the weakest since September 2017. This doesn’t bode well for tomorrow’s Non-Farm Payroll report, which are predicted to increase by 175,000 for March.
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