Weekly unemployment data figures were released yesterday, once again hitting a better than expected figure, and continuing to drop on the previous month for the last three months. Any movements seen by the US dollar for the majority of this week have been purely driven by both the euro and sterling.
Once again, we will see a quiet day for the US dollar today, with the Flash Manufacturing Purchase Managers Indices (PMI) the only release of any note. This is expected to show further improvement in the sector that has continued to show growth for the last two months.
If you are looking to buy or sell US dollars, we suggest contacting your trader now for live rates, news and currency purchasing strategies.