A mixed week for the US dollar ends with further slippage against the pound and euro but stronger overall against most other currencies.

There was a risk-off moment in the middle of the week with worries that Russian missiles may have landed in Poland, but that was soon shrugged off.

Housing data from the US was mixed, with housing starts declining by 4.2%, but roughly as expected. Later today we’ll hear existing home sales.

Next week business will be interrupted by Thanksgiving beginning from 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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