XE Market Analysis: US Dollar Quiet After Biggest Weekly Rise in 2017

OVERVIEW

  • Friday’s mixed employment report and caution over US tax reforms leave the US Dollar marginally weaker.

  • GBP is steady on hopes for progress in Brexit negotiations this week.

  • The Euro is under pressure despite upbeat data and comments from ECB board member Praet. 

  • The markets are off to a very quiet week with no US data released.