The dollar is weaker against sterling this morning, while remaining largely unchanged against the euro compared to this time last week.
There are lots of interesting data releases this week, with a key one to watch being housing starts on Wednesday. In the previous data, housing starts in the US unexpectedly jumped 12.2% MoM to an annualized rate of 1.575m units (beating market expectations of 1.445 million). Markets are expecting that number to fall to 1.465m on Wednesday.
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