The dollar has been bid higher throughout the past few recent sessions. In fact, the dollar index has reached 94.00, a five month high. The dollar’s strength is evident against both the pound and the euro, this move having been supported in part by waning risk appetite throughout the week just gone, but whether Mnuchin’s comments (see above) are enough to turn the tide on risk appetite, we’ll have to see.
There’s no data due for release today from The States. This week, at least as far as economic data is concerned, the focus will be U.S. FOMC Meeting Minutes on Wednesday evening, then on Durable Goods Orders on Friday, closely followed by a speech by Fed Chair Powell.