The most important news of day for the U.S. dollar will cover the expense of consumers, in particular we have two data relese: Core PCE Price Index and Personal Spending, Core PCE Price Index is an indicator of inflation that measures the change in the prices of products bought by consumers exception of the more volatility, such as food and energy, analysts expect a slight increase. The most important news is personal spending, on consumer spending, the figure expected by analysts is very poor -0.4%, however in the last month we had an increase of 1.3%, if the news (-0.4%) would be confirmed, the dollar should weaken.
forex usd personal spending
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