A short-term rebound in the Pound to Dollar exchange rate looks set to extend this week. The U.S. inflation data release is the key focus.
The Dollar was sold after the U.S. reported a rise in the unemployment rate.
The Dollar fell after an unexpected slowdown in the mighty U.S. services sector was reported by the Institute for Supply Management (ISM).
Pound to Dollar: Go 'Long' says Danske
- Category: USD
Pound Sterling is a buy against the Dollar say strategists at Danske Bank.
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