A quiet day for the US dollar ended with no overall movement apart from against the yen, where the dollar weakened by around 0.6%.

Yesterday’s data included ISM Services PMI, which declined from last month, to 52.7.

On Tuesday JOLTs Job Openings indicated a tightening labour market, and we will see this afternoon if that is confirmed by non-farm payrolls.

Next week starts quietly for data, but livens up considerably with inflation on Thursday.

For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 3918 7255 or your Private Client trader on 020 7898 0541.

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