U.S. Dollar Broadly Higher

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The U.S. Dollar is trading broadly higher Thursday. The March Dollar Index is up 0.812 at 95.20. Market talk about Friday's economic data is making the rounds. At 8:30 AM ET the second estimate for U.S. Fourth Quarter GDP will be released. Market chatter that slight decline to 2.1 % vs 2.6% is expected. There is market talk about the 9:45 AM ET release of the Chicago PMI data for February. Some are expecting a slight decline to 57.0 vs 59.4. At 10:00 AM The Michigan Sentiment Index final reading for February will be released and the street is expecting little change from the previous report of 93.6 Also at 10:00 AM ET, U.S. Pending Home Sales for January are due, the street is expecting a 5.0 % increase versus decline of -3.7% in December.
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