The dollar finished the end of last week on a strong note, due to hopes of progress in US-China trade talks. The US made the decision that some Chinese goods would be exempt of tariffs, signalling a positive step forward.
New York Fed President John Williams, St Louis Fed President James Bullard and Chicago Fed President Charles Evans will deliver speeches this week. This comes after the Federal Reserve’s decision last week to cut rates again, and after reports that there was disagreement between officials over the future of monetary policy.
A series of economic data will be released for the US this week, including GDP figures on Thursday. This could possibly hint at the Federal Reserve’s next decision on interest rates.
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