Tuesday, 8 September 2015

Black Monday fallout continues to affect the US dollar

Monday was Labor Day in the US, meaning there were no data releases affecting the currency released yesterday.
We expect today to be equally quiet, with no major data releases due to be released. The focus this week will be on Friday, with producer inflation expected to drop in to negative territory for the first time in four months. We also expect a decrease in consumer confidence; both of these examples can be linked to the recent struggles in China.
If you are looking to buy or sell US dollars, we suggest contacting your trader now for live rates, news and currency purchasing strategies.

No comments:

Post a Comment