It was all quiet in Washington and on Wall Street on Monday, as it was Presidents’ Day and a public holiday in the United States, meaning there was no data released.
We expect another quiet day in the lead up to Wednesday’s Federal Reserve meeting minutes release, along with the release of both the US manufacturing and housing indicators. These will prove important indicators of both economic strength and the performance of the US dollar going forwards.
If you are looking to buy or sell US dollars, contact your trader for live rates, news and currency-purchasing strategies.