The Dollar experienced a mixed trading day yesterday, advancing on the Yen but staying little changed against the EUR and U.K. pound. The dollar rose above 76 earlier and lately bought 75.996 and compared to 75.987 on Wednesday. The USD dropped as much as 1.3% versus the New Zealand while the Australian Dollar rose 1.1% against the greenback.
The number of people in the U.S. receiving unemployment insurance continues to decline, dropping to the lowest level since February. The US trade Deficit also declined unexpectedly as a weak Dollar boosted exports oversees.
Looking ahead for today, the US Retail Sales is expected to be released at 13:30 GMT and the Prelim UoM Consumer Sentiment at 14:55 GMT. With mostly better than expected economic data seen lately from the U.S., worse than expected results might prove quite volatile for the USD pairs.