Currency Note US Dollar

US markets anticipating interest rate decision next week

By Ricky Bean December 11th, 2015

It was a quiet week for the US Dollar in terms of data releases, with no major data out until Thursday. Weekly labour data did show a slight increase in those claiming unemployment, something that the Federal Reserve will be keeping a keen eye on up until the interest rate decision next week.

Today we have the majority of data releases, with retail sales and producer inflation due. Both of these figures are expected to increase from the previous month’s readings, and if they do it could add more fuel to the interest rate hike fire.