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USD: initial jobless claims released later today

By Ricky Bean January 11th, 2018

The dollar began the day by stregthening against sterling although it later pulled back as the day wore on. In truth, the day’s trading range was pretty tight on what proved to be a relatively sedate affair.

Today and tomorrow are far worthier of attention, as we’ll see the initial jobless claims up to 6 January 2018 later, while on Friday we will see the inflation rate for the US and retail sales for December. That should give us an indication of how the US economy performed towards the end of last year.