End of a slow week for the US dollar, but will today’s data have an effect?

It has been a very quiet week for US data releases, with only minimal movement seen throughout the week. Tuesday we saw the release of both Building Permits and Housing Starts, which both came out as expected. The weekly unemployment figures on Thursday showed improvement on the previous month, with Existing Home Sales also moving forward. Today we can look forward to Flash Manufacturing Purchase Managers’ Indices which is expecting to post growth on the previous month, a high of 5 months.

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