020 7898 0500Political uncertainty continued to dominate the dollar yesterday, where it slipped to six-month lows against a basket of currencies. After spending time in Israel and Palestine, Donald Trump travelled to the Vatican. The world will be watching events as they unfurl.
Investors are trying to determine whether the potential change in dynamic and varied economic data will impact the Federal Reserve’s (Fed’s) decision to raise interest rates.
This week’s Fed minutes will be key and may support the dollar well, especially if the tone of them reinforces what we have already heard in the last few months.
