Private DCN Private DCN - US Dollar

Slow day in the USA

By Ricky Bean July 20th, 2016

It was a quiet day on Tuesday for the US Dollar with minimal data releases, and movement for the currency was generally dictated once more by sterling. Building Permits and Housing Starts were the only data releases, with both showing an expected figure. Another quiet day is expected today; the only release of the day will be Crude Oil inventories, where another negative figure is expected for the eighth straight month.

If you are looking to buy or sell US dollars, we suggest contacting your trader now for live rates, news and currency purchasing strategies.

For the latest rates and news on a wide range of currency pairings, please get in touch with your Smart Currency Business trader on 020 7898 0500 or your Private Client trader on 020 7898 0541 .