020 7898 0500The US dollar remained strong on Friday as investors moved their money into safer-haven assets, making significant moves against Emerging Market Currencies with contagion fears spreading due to the ongoing crisis in Turkey.
The US dollar also hit fresh 13-month highs vs the euro and remains close to its 11-month high vs the pound.
It is due to be a quiet day on the data front in the US with just some figures showing late mortgage payment set to be released. Outside of this, the market will play close attention to the developments between the US and China/Russia/Iran and Turkey – whilst any tweet from Mr Trump has the ability to cause significant action in the markets.
