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Posted March 9th, 2016 by Charles Purdy

US looking at EU

It continued to be a quiet day for the US dollar on Tuesday, with no major data releases due. Movement seen on Tuesday was mainly driven by continued sterling pressure and uncertainty leading up to the European Central Bank (ECB) meeting on Thursday.

We can expect a similar story today, with only Crude Oil Inventories due to be released, and expected to post stable reserves for the United States. This is a very quiet data week for the US.

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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