Home » Currency Note » Currency Note » Currency Note USD » USD: Balance of trade expected to widen

The dollar is still down against the pound, amid continuing unrest and despite relatively positive data releases, with new non-manufacturing orders, activity and prices increasing. Today, the markets are looking ahead to balance of trade figures, expected to widen, and non-farm productivity, also expected to post a decline.

As other economies reopen with low infection rates, the dollar’s status as a safe-haven currency is also speculated to be less attractive for investors at current, helping to reduce demand.

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