It was another decent day at the office for the dollar as it strengthened further against the euro and sterling. After a bit of a mixed start to the year it appears to be performing slightly better, although in truth the movements – especially against the pound – have been within an extremely tight range.
Today we will see the release of the import and export data for December, as well as mortgage applications up to 5 January 2018. However, tomorrow is more of a focal point, with the jobless claims data set for release.
The week ends on a busy note with retail sales and inflation rate data scheduled.