USD: Could there be anything significant in Fed members’ speeches this week?

The US finished the week on a high note, with retail sales up for the first time in three months and producer inflation figures coming in higher than expected after a static figure recorded was in the previous month. However, there was a fly in the ointment as consumer sentiment fell, dropping to its lowest level in 2016.

This week will be fairly quiet from a data perspective. Highlights include speeches by various Federal Reserve members and consumer inflation figures on Tuesday. Consumer inflation is expected to be up on last month. Thursday’s weekly unemployment claims data is expected to remain at current levels yet again.