Currency Note US Dollar

US dollar affected by UK EU Referendum

By Ricky Bean June 8th, 2016

It was a quiet day for the US dollar, with only the revised non-farm productivity data due; the figures reported were as expected. The US dollar did see sharp movements against sterling in the morning as sterling strengthened following a poll that suggested that the ‘Remain’ campaign was now leading.

A very similar story is expected today, with only the JOLTS job openings data expected in terms of significant data. There is a slight drop predicted for these from the previous month’s figures. Otherwise, events elsewhere could have a larger impact on the US dollar’s performance today.

If you are looking to buy or sell US dollars, we suggest contacting your trader now for live rates, news and currency purchasing strategies.