U.S. Dollar Higher Ahead Of Data On Thursday

The March U.S. Dollar Index is trading mostly higher Wednesday afternoon. Looking ahead to Thursday morning, forex traders will keep an eye on U.S. economic data due out at 08:30 AM ET. Initial Jobless Claims for 02/07 are expected to be 285K vs 278K last week. Continuing claims for 1/31 are expected to come in at 2380K vs 2400K. Also at 8:30 AM ET, Retail Sales for January are expected to show a decline of 0.3% vs -0.9% in the previous report. Retail Sales ex-autos for January are expected to show an increase of 0.4% vs -1.0%. At 10:00 AM ET, the Business Inventories for December data is expected to be 0.2% vs 0.2%. Last in the March U.S. Dollar index is 95.15 up 0.30.