The dollar was pegged back slightly in quiet trading yesterday. However, overall the past week has been good for the dollar, including a 0.75% rise against the pound and 0.5% against the euro.
There was a lot of lower-level data to sort through yesterday, including better news on jobs, plus several members of the FOMC (the Fed’s interest rate setting committee) speaking.
There will be little to excite the markets data-wise next week until Wednesday’s inflation data, followed by retail sales on Thursday.
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USD/GBP past year
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