The dollar was given a small boost against the pound on Friday by better-than-expected data. Retail sales fell, but by less than expected, and Michigan consumer sentiment came in better than forecast. Today’s housing market figures are expected to show a small improvement, although still to remain very weak.

Later this week, we will see manufacturing PMI figures, housing starts and a number of speeches by key Federal Reserve figures, including Jerome Powell.

For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 7898 0500 or your Private Client trader on 020 7898 0541.

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