020 7898 0500It was a quiet day for US data, with all the movement seen throughout Tuesday down to sterling. US Federal Chair Yellen highlighted the risk of tomorrow’s voting as part of her Semi-annual Monetary Policy statement – along with the Federal Reserve wanting to continue to evaluate growth jobs and inflation before reviewing interest rates which seems to put the kibosh on a July increase in US interest rates.
Today, we see the continuation of the Semi-annual Monetary Policy statement from Federal Chair Yellen, along with Existing Home Sales, which is expected to post its fourth consecutive month of growth.
The US dollar exchange rate is proving just as susceptible to the outcome of the EU referendum as other currencies, so please call your trader today for the latest update.
