020 7898 0500It was a quiet start to the week for the US dollar, with no notable data released. In the countdown to Christmas, we can expect Final Gross Domestic Product (GDP) figures today, expected to be revised down on the previous release; however, this is still expected to show positive growth. It will be interesting to see what the reality will be in terms of future interest rate rises, and what this could mean for the US dollar longer term.
If you are buying or selling US dollars, make the most of this quieter time for the US currency and take the opportunity to discuss your 2016 currency strategy with your trader.
