The US dollar is down against the pound this morning, as unrest continues across America, with some speculating that they will mean further spending at a time when the government is running a $4 trillion deficit.
Employment change figures today are expected to show the increase easing, although still steep. Later on, we will see factory orders, expected to have dropped further. The markets will also be looking ahead to tomorrow’s balance of trade data, forecast as $-49 billion.
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