020 7898 0500It was a quiet day for US data on Monday, with no major economic data releases due. We did see some US dollar movement in the day, due to the decline in oil price as well as comments made by US Federal Reserve member Kashkari, who stated that the number of interest rate hikes depends on data released.
Today we can expect more of the same: with minimal data releases due. We do, however, have JOLTS Job Openings data to look forward to. This is expected to post a stable figure, but with the recent slump in last week’s Non-Farm Employment Change we could possibly see this figure follow suit.
If you are looking to buy or sell US dollars, we suggest contacting your trader now for live rates, news and currency purchasing strategies.
