It has been a quiet start to the week as the momentum for the dollar from Friday’s Non-farm Payrolls report has seemingly dissipated. Concerns over low inflation and lower than expected trade data out of China have contributed to the move. Friday’s strong dollar rebound on a higher than expected headline jobs growth is beginning to ebb away once more as concerns over the persistence of low inflation have taken over once more. The payrolls report showed no pick up in average hourly earnings, whilst St Louis Fed President James Bullard, who is a non-voting dove on the FOMC, suggested that inflation still would not ... (full story)