020 7898 0500After the markets were closed on Monday because of President’s Day, everything was back to normal yesterday. Still, it was still a fairly light day for US economic data. However, following disappointing releases from the eurozone, the dollar did manage to make some gains against the euro.
Today is a much busier affair, with existing home sales for January scheduled for release, as well as the minutes from the Federal Open Market Committee meeting. We will also see manufacturing, services and composite PMI flash readings for February.
Thursday sees the initial jobless claims up to 17 february 2018 and several Federal Reserve members are also due to give speeches.
For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 7898 0500 or your Private Client trader on 020 7898 0541.
