Currency Note US Dollar

Busier day for the US economy today

By Ricky Bean January 14th, 2016

It was a quieter day for the US dollar, with only Crude Oil Inventories released, showing a mild improvement on the previous month’s figures. We can expect a busier day today, with weekly unemployment claims and import prices due. The former is expected to show another stable figure, while import prices are expected to show a drop from the previous month’s levels. Any surprises in terms of data would affect the US dollar market. We will also hear from US Federal Reserve member Bullard – any matters that could significantly affect US economic policy could also help to give the US dollar a push.