It was a mixed day for the greenback yesterday with modest growth against the pound and euro but hefty losses against yesterday’s big winner the Australian dollar.
While there was no data to write home about yesterday, today we’ll have JOLTs Job Openings, as well as ISM Manufacturing PMI.
The Labour market will be the largest focus this week, with non-farm payrolls on Friday confirming whether the Fed’s economic management is heading towards a soft landing.
Yesterday the Dow Jones Industrial Average resumed its upward climb, having achieved its best run since 1987, 13 days of consecutive gains.
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USD/GBP past year
