It was a quiet day for the US dollar on Monday with minimal data releases. The main movement of the day was seen thanks to the strengthening of sterling.
We expect to see a second day of minimal releases today, with only Import Prices due; this is expected to see its first positive increase for nine months. The focus for this week will largely be on the release of Retail Sales and Consumer Inflation on Wednesday and Thursday respectively.
If you are looking to buy or sell US dollars, we suggest contacting your trader now for live rates, news and currency purchasing strategies.