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Posted March 8th, 2016 by Charles Purdy

US dollar dependent on events abroad

It was a quiet Monday for the US dollar, with no key data releases due. We did see the US dollar weaken slightly against sterling as the panic regarding the UK referendum subsided for the time being. With no key data releases due out today either, the US currency will depend on events elsewhere to drive its performance. Investors will be looking towards the end of the week for US-focused data, with weekly unemployment claims figures and import prices due.

If you are looking to buy or sell US dollars, we suggest contacting your trader now for live rates, news and currency-purchasing strategies.

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