Another mixed day for the dollar, strengthening well against the euro and a little against the yen and yuan, but sliding against the pound and other dollars.
This came against the backdrop of a stronger than expected US economy, with GDP at 2% rather than the expected 1.4%. A further interest rate rise next month now looks highly likely.
The start of the month tends to be busy for US data, and so we’ll be seeing plenty of employment data next week, including the all-important non-farm payrolls that gives an indication of the strength of the economy.
However, Tuesday is Independence Day with a public holiday.
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USD/GBP past year
