The dollar is strong against most major currencies this morning following the release of US inflation figures yesterday.
Inflation came in at 9.1% year-on-year, beating expectations of 8.8% and the highest since 1981. Energy prices rose 41.6%, the most since April 1980, and food costs surged 10.4%, the most since February 1981.
Jobless claims figures are due later today, followed by retail sales figures tomorrow.
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