The dollar strengthened on Friday after the release of the US jobless rate, which held steady at near a 50-year low of 3.5% and non-farm payrolls missed expectation, increasing by 145,000 jobs. However, the poor Non-Farm Payrolls figures come amid a batch of strong economic data, so it’s thought unlikely to sway the Federal Reserve’s current stance to interest rates.
The easing of tensions between the US and Iran also boosted the greenback at the end of last week. This week, the markets look ahead to the signing of the preliminary US-China trade deal on Wednesday.
Inflation Rate and Retail Sales figures will be released this week. Retail Sales are expected to come in at 0.3%, compared to 0.2% last month.
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