Private DCN Private DCN - US Dollar

USD: quiet day for the US but a busier end to the week

By Ricky Bean July 11th, 2018

It was fairly quiet in the US yesterday, although there was plenty to keep us going in the UK and eurozone. The political turmoil that has afflicted the UK government this week put Trump in the background for once; his nomination of Brett Kavanagh to the Supreme Court would surely have got more UK headlines were it not for the resignation of Johnson and Davis.

In truth, today is not all that different, with another quiet day on the agenda for US economic data. However, we can look forward to a busy end to the week, with the inflation rate for June due for release on Thursday, as well as initial jobless claims to 7 July 2018.

On Friday, we’ll see the University of Michigan’s consumer sentiment reading for July.