020 7898 0500The dollar lost half a cent against the pound yesterday, with the pound hitting a high well over $1.342 before settling back to $1.34 – still a cent above the average over the Christmas period. The blame for the dollar’s weakening can be laid at falling confidence, with the US Conference Board consumer confidence for December falling to 122.1 against an estimate of 128.
Data releases for today include both initial and continuing jobless claims.
