Market Overview

U.S. Dollar Index Little Higher Ahead of Data and Federal Reserve Rate Decision

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The March U.S. Dollar Index is trading at 101.04, up 0.11.

The U.S. Dollar Index is trading rangebound. Market chatter about global headline news, economic data due out Wednesday and the Federal Reserve rate decision due out Wednesday afternoon is making the rounds.

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 release producer prices (PPI) at 8:30 a.m. ET.

The Federal Reserve is scheduled to release industrial production and capacity utilization data at 9:15 a.m. ET. The Fed's Open Market Committee (FOMC) is scheduled to release a statement, monetary policy decision and summary of economic projections at 2:00 p.m. ET. Fed Chair Janet Yellen will hold a press conference following the rate decision at 2:30 p.m. ET.

Posted-In: U.S. Dollar IndexFutures Forex Markets

 

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