The US dollar has displayed a slightly positive trading pattern at the opening of the week yesterday, following a rebound in performance at the end of last week.
The strengthening of the value that the US dollar showed again in the final sessions of last week continued on Monday trading.
However, analysts warned that investors should remain vigilant and pay attention to the issues of focus, which continue to pose risks in the market.
The development of the trade war between the United States (US) and China, President Donald Trump has assured that a strong agreement will be reached between the two countries.
At the same time, Trump also threatened that if an agreement is not reached with China on November 1, the country will pay a 155% tariff.
In addition, investors will examine the latest market indicators this week through important data that will be published, especially US inflation data.
The latest reading will be published on Friday, with expectations that the US annual inflation rate will increase higher from 2.9% to 3.1%.
Among other developments that are stealing the spotlight in the market is the political situation in Japan which is now expecting its first female Prime Minister, following the victory of Sanae Takaichi in the recent Liberal Democratic Party leadership election.
After China's economic data was watched yesterday, for today (Tuesday), Canadian inflation data will be given attention in the New York session.
Manufacturing and services PMI data will be awaited for publication at the end of the week for investors to assess the current health of major economies.
