020 7898 0500Following a pretty dreadful start to 2018, the dollar managed to strengthen against sterling and the euro yesterday to buck a recent trend. The latest set of US inflation figures were released and showed that they rose in December to come in line with expectations.
Tomorrow is fairly quiet, but we have the Federal Reserve’s interest rate decision on Wednesday. Rates are not expected to change this time around, but as Janet Yellen’s last as Chair, it will be interesting to hear what she has to say about future policy.
The real question is whether the dollar can continue its momentum into today.
