020 7898 0500It remained to be a quiet day for the US dollar, with just one data release of any note – existing home sales which came in as expected. US Federal Chair Yellen, who testified on the Semiannual Monetary Policy, said nothing of additional note – wait and see what the data tells us to do seemed to be the underlying theme!
We can probably expect a similar story today as the main story is of course the UK’s EU Referendum, with only weekly labour data, flash manufacturing Purchase Managers’ Indices and New Home Sales figures expected. All three are expecting to post figures similar to the previous month, with no big change expected.
If you are looking to buy or sell US dollars, we suggest contacting your trader now for live rates, news and currency purchasing strategies.
