A Final reminder about Quick News updates this week as the USD index (USDX) struggles for traction

This a final reminder, to note that there will be no further updates from this analyst after 12.30pm GMT today until Monday next week, due to absence. As previously noted, that means there will be no coverage from me over the Fed monetary policy decision this evening, or the same over the Bank of England decision tomorrow. These are decisions that will throw up some moves in the dollar and the Pound and hence you need to be aware of that when the news breaks, at 6pm GMT this evening and at 11am GMT tomorrow. Ahead of all that the scene here in Europe is a little subdued right now. The latest UK construction PMI data was just released and that beat the street, but not by very much. Hence, little reaction in the Pound on the back of that. The dollar index (USDX) remains camped well below 100, despite pushing higher at one point overnight. That said it did not threaten the 100 handle then either. Only a sustained break above that level is likely to alter the path of the broader dollar and unless that happens the markets seem content to back the trend lower, which has evolved over the past month. The index is currently trading at 99.37