The US dollar had a quiet day yesterday, as the country observed a bank holiday in recognition of Martin Luther King Day. As such, there was limited economic data to impact the markets, and the currency was largely unchanged against most others. Today is another quiet day for the US economy in terms of data, with no major releases due. As such, investors will look towards later in the week for guidance, with next week’s Federal Reserve meeting growing more important as it looms closer.
Interested in purchasing or selling US dollars? Get in touch with your trader now for the latest rates, as it looks to catch up from yesterday’s break.