It was a quiet Monday for US data, with sterling once again the key mover dictating the US dollar’s movements. The Flash Services Purchasing Managers’ Index was released, showing a drop on the previous month’s figures, but still showing mild growth in the sector.
Today we can look forward to final growth data, which is expecting a small revision in terms of positive growth, as well as consumer confidence data, where we are also expecting a positive increase.
If you are looking to buy or sell US dollars, we suggest contacting your trader now for live rates, news and currency purchasing strategies.