The US dollar had another subdued day yesterday, with little data to trigger any significant movement in the currency market. The US currency saw little change, as the Job Openings figure from the Job Openings and Labour Turnover Summary came out more or less as expected. The data showed a 1.5% increase in the number of jobs in January when compared to December, but below Novembers six-year high.
Today looks set to follow in a similar fashion, with no significant releases scheduled again. The main releases for investors to consider will be the 10-year benchmark bond auction and the crude oil inventories, while later in the evening brings a speech from the Treasury Secretary Jack Lew.
Looking to buy or sell US dollars given this timid mid-week showing? Call your trader now for live rates and updates, as well as for currency-buying strategies to help you minimise risk and save money.