Dollar continues gains

Dollar continues gains

The dollar continues its strong position this morning following a recent upward trend. The currency saw its fifth day of gains in a row after last week’s jobs figures prompted rises in US bond yields. Experts predict the dollar will rise further during this week. Europe’s markets were down slightly this morning after weak German data which showed a drop in industrial output by 1.8 per cent; its biggest fall in two years. In Asia there was muted trading with no real surprises; this Thursday China’s trade data will be much anticipated in the region. Read the full story.