Currency Note US Dollar

US markets closed, quiet day for the US dollar

By Ricky Bean January 20th, 2015

The US dollar had a quiet and mixed day yesterday, with its markets closed in observance of Martin Luther King Day and, as such, there was no economic data from the country to support the currency.

As the week starts stateside today, data remains thin on the ground as another quiet day awaits. There is some minor housing data due later, alongside some words from a member of the Federal Reserve. With speculation over potential interest rate rises in the US rife, investors will be looking for any clues from any member over their views, and possible timescales for this happening. As such, any indication given could likely be the most significant event of the day.