020 7898 0500The US dollar had a largely uneventful start to this week, which was unsurprising given the distinct lack of data worldwide. The US currency did make slight but steady gains against sterling, but was little changed against the euro, as neither currency saw any particular movement.
Today does see some activity return to the data releases from the USA, with a single piece of note due this afternoon in the shape of the Consumer Confidence figure, which could see some impact on the dollar markets in an otherwise quiet environment.
With data low and market liquidity limited in this interim period between Christmas and the New Year, there is the potential for augmented market movements, particularly if any data is exceptional. Therefore please give your trader a call to get the latest update and exchange rates.
