It was a mixed day for the US dollar on Wednesday, with various data releases, yielding both positive and negative results. The figure for Durable Goods Orders contracted for the first time in two months, with Personal Income data achieving better than expected results. The Consumer Sentiment data was also released, showing positive signs for the US dollar and the US economy.
With it being Christmas Eve today, only the weekly labour data is expected to be released from the US, which should be yet another stable figure.
The US dollar is currently experiencing mixed results. Contact your trader in the run up to the Christmas break to find out the latest rates and discuss your currency strategy.