Currency Note US Dollar

US dollar tumbles slightly – can this be rectified today?

By Ricky Bean January 21st, 2016

The US dollar fell from its recent strength on Wednesday, due to the release of worse than expected Consumer Inflation figures. This is a key piece of data for the US Federal Reserve, and no doubt they would have hoped for positivity to justify an Interest Rate increase at the next Federal Reserve meeting.

We can expect a quiet day today for Data with only the weekly unemployment claims due; this is expected to show another stable figure.