The dollar strengthened against a basket of currencies towards the end of last week and is still strong this morning.
Concerns about Russian troops at the Ukraine border, as well as high US inflation figures caused the dollar to strengthen last week.
This week, the Federal Reserve will release the minutes from its latest monetary policy meeting. Fed official, James Bullard, will speak today ahead of this. Any sign that higher-than-expected inflation figures have promoted the Fed to take a more aggressive stance towards hiking interest rates could cause the dollar to strengthen.
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