Currency Note US Dollar

US dollar initially strengthens against sterling again, despite no data

By Ricky Bean January 12th, 2016

Monday was a very quiet day for the US Dollar, with no data figures released. Despite this, the American currency did initially strengthen against sterling; sterling certainly seemed riskier to investors due to mounting speculation that the UK’s In/Out European Union Referendum will take place this summer. Today is another quiet day on the data front.