Currency markets were fairly steady on Monday as much of the session was spent deciphering Friday’s US jobs data. With a positive figure coming out from the NFP, USD strengthened on Friday afternoon. The euphoria on the dollar didn’t carry on into this week however, as the pound bit back yesterday morning on the back of UK construction data and the dollar not being overly strong at the moment.

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Article by Callum McGrouther, Corporate Dealer, Currencies Direct.
* Information courtesy of Currencies Direct
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