020 7898 0500It was extremely quiet for economic data for the US yesterday, as UK inflation data and questions over whether the BoE will increase interest rates in May dominated the headlines. The dollar made some healthy gains against sterling following the aforementioned inflation rate release.
Today isn’t all that much busier in truth, although we will see initial jobless claims for the week up to 14 April. They are expected to dip a little from 233,000 to 230,000 which would be a positive for the US.
There is always the possibility that Trump will say, do or Tweet something too, so we cannot be altogether certain that it will be a more sedate affair than the start of the week has been for the currency markets.
