U.S. Dollar Index Lower Ahead of Data

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The March U.S. Dollar Index is trading at 101.11, down 0.39. The U.S. Dollar Index is trading rangebound. Market chatter about global headline news has kept buyers and sellers active. Talk about U.S. economic data due out during the week ahead of the Federal Reserve rate decision on Wednesday is starting to show up. The National Federation of Independent Business (NFIB) Business Optimism Index is set for release Tuesday at 6:00 a.m. ET. The Census Bureau's monthly report on U.S. retail sales is set for release Wednesday at 8:30 a.m. ET. U.S. Federal Reserve's Federal Open Market Committee (FOMC) two-day meeting on interest rates concludes Wednesday. The Federal Reserve is scheduled to release a statement, monetary policy decision and summary of economic projections at 2:00 p.m. ET.
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