US Dollar is treading water as markets await fresh drivers – BBH – by hareshmenghani DollarIndex GDP Growth EconomicIndicator Banks
report, due for release during the early North American session. The data will play will influence the US Dollar , which is trading flat near 101.48 amid ongoing concerns about First Republic, higher global equity markets and global bond yields.“Consensus currently is at 1.9% SAAR vs. 2.6% in Q4. Personal consumption is expected at 4.0% vs. 1.0% in Q4. The mix of Q1 growth will be important because in Q4, the bulk of growth came from inventories while personal consumption and net exports slowed.
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