The US dollar had a largely uneventful day, as US banks returned to work following Martin Luther King Day. There was no significant data from the country to push it either way, although lower treasury yields caused slight weakness in the dollar. Overall, however, the US currency was little changed against most, apart from sterling, which the US dollar weakened against.
Today is a similar story from stateside, with no influential data due again. As such, investors will look to Thursday’s data releases as well as next week’s Federal Reserve meeting.
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