Currency Note US Dollar

A rare quiet moment for the US dollar

By Ricky Bean November 3rd, 2015

It was a quiet day for the US Dollar on Monday, following the weakness experienced at the end of last week at the hands of sterling. The data released didn’t cause much movement for the US dollar, as the Institute for Supply Management (ISM) Purchasing Managers Indices (PMI) came out at expected levels.

With Monthly Factory Orders data due to show contraction for a second consecutive month, all eyes will be on Federal Reserve Chair, Janet Yellen, who is due to speak on Wednesday; and on the all-important Non-Farm Employment Change figures on Friday, which are expected to show growth in the jobs market.

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