Currency Note US Dollar

Slow day for the US Dollar with investors awaiting big news

By Ricky Bean March 15th, 2016

As with the euro and sterling, Monday was a quiet day for the US dollar, with no data releases. Any movements that did take place were all in anticipation of the US Interest Rate decision on Wednesday.

Today, we have both the Producer Inflation and Retail Sales data figures released, and both of these are expected to post contractions thanks to low oil prices and recent weak spending in the US.

If you are looking to buy or sell the US dollar, we suggest contacting your trader now for live rates, news and currency-purchasing strategies.