After a key job report came in much stronger than expected this week, the next test for the US economy will be this afternoon’s inflation data. Falling price pressures there would mark another sign of economic resilience, although the US dollar is likely to move up or down depending on how this affects the ever-changing interest rate outlook.
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.