A mixture of green and red on the charts for the US dollar yesterday, but all movements apart from against the pound were smaller than usual. The high-risk area for the dollar next week is Tuesday, with the inflation data. It’s been a little high at 2.7% and is predicted to rise further. That could well cause volatility for the dollar one way or the other.
USD/GBP past year
From To
For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business account manager on 020 3918 7255 or your Private Client account manager on 020 7898 0541.
