Private DCN Private DCN - US Dollar

US reports on consumer confidence

By Michael Cooper July 26th, 2016

It was a quiet start to the week on Monday for the US dollar with no significant data releases. As a result, the market remained mostly flat compared to the end of last week.

Today we can look forward to consumer confidence data, a slight drop from last month is expected. This should not be a worrying figure as, despite the slight fall, the figure is expected to be stable on the whole. Any changes, however, could spell surprise movements in US dollar markets.

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