Market Overview

U.S. Dollar Index Lower Ahead Of Data On Thursday


The March U.S. Dollar Index is trading lower at 94.29 on Wednesday ahead of U.S. economic data due out on Thursday.

  • Weekly initial jobless claims are expected to be 294K vs. 283K. Continuing claims for February 14 are expected to be 2400K vs 2425K.
  • CPI for January is due out and traders are looking for a decline of -0.7 percent vs. -0.4 percent in December.
  • Core CPI for January is expected to show no change.
  • Durable goods orders for January are also due out; traders are expecting -0.5 percent vs. -3.3 percent.

Posted-In: Futures Forex Markets


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