Dollar steady
ahead of Key economic data releases
June
25, 2015
The Dollar
remains steady within a range trading at the beginning of Thursday trading
session ahead of the release of Key economic data due today and the Euro summit
decisions concerning the Greek debt talks.
The main
economic data include:
- U.S personal income
- Personal spending
- Weekly jobless claims
Yesterday the
dollar index retreated slightly against the Euro and the other major currencies
after the decrease of the GDP data during the first quarter of this year.
However the dollar losses were limited and today the investors remain cautious
ahead of the important data releases, which could determine the timing of the
first interest rates increase.
