Spreadex Market Update
Euro futures indicate a higher open
The dollar strengthened to a one-week high versus both the euro and yen after US retail sales advanced at the fastest pace in seven months strengthening expectations the Federal Reserve will taper its stimulus
UK unemployment rate will be watched closely after the Bank of England announced UK unemployment must fall to 7% before tightening its policy stance. We will also see how the MPC members voted to hold interest rates with the MPC Official Bank rate votes at 9:30 today
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