U.S. Dollar Index Little Higher Ahead of Data and Fed

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The June U.S. Dollar Index is trading at 101.41, up 0.21. The U.S. dollar index is trading rangebound. Market talk about global headline news is making the rounds. Chatter about U.S. economic data due out Wednesday and the upcoming Federal Reserve policy decision is constant. The Census Bureau's monthly report on retail sales is set for release at 8:30 a.m. ET. The Bureau of Labor Statistics is scheduled to report consumer inflation data (CPI) at 8:30 a.m. ET. The New York Empire manufacturing activity survey is set for release at 8:30 a.m. ET. The National Association of Home Builders' Housing Market Index (NAHB) is scheduled for release at 10:00 a.m. ET. The Federal Reserve's Federal Open Market Committee (FOMC) is scheduled to release a statement and monetary policy decision at 2:00 p.m. ET.
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