The Federal Reserve’s traditional blackout period before an interest rate decision left the US dollar searching for impetus on Monday. EUR/USD was little moved, while the US dollar slid against the pound. This afternoon’s retail sales release will at least give US markets something to focus on ahead of tomorrow evening.
EUR/USD: the past year
For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business account manager on 020 7898 0500 or your Private Client Account Manager on 020 7898 0541.


