XE Market Analysis: Slow Start to the Week in FX

OVERVIEW

  • US Dollar slips across the board at the start of a busy data week.
  • Pound sturdy ahead of BoE rate decision on Thursday.

HIGHLIGHT

There is no highlight for today.

US DOLLAR

The US Dollar is weaker today ahead of a week packed full of economic data releases and central bank meetings. The Dollar was around 0.4% weaker on the day. The FED meeting on Wednesday and the non-farm payroll data on Friday are the next major event risks in this currency.