The dollar strengthened against sterling and the euro yesterday, although the gains were only marginal against the single currency. Meanwhile, Donald trump continued his tour of Asia by visiting the Philippines’ President, Rodrigo Duterte.
Dollar movements were largely driven by events elsewhere, as trouble in the UK government saw sterling slide significantly.
It’s another quiet day for US economic data today, but tomorrow we will see the inflation rate and retail sales for October. On Thursday, the jobless claims will be released, while on Friday we will see the housing starts and building permits for October.