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By
Renae Dyer, Dow Jones Newswires
The dollar was trading steady ahead of U.S. economic data that could influence expectations for the Federal Reserve’s December meeting.
Delayed September retail sales and producer price index data will be released at 8:30 a.m Eastern time, while the Conference Board’s consumer confidence survey is due at 10 a.m. Eastern time.
“With few other data prints on the agenda, the market reaction could be larger than usual and may very well affect sentiment surrounding the FOMC December meeting,” Danske Bank analysts said in a note.
The recent government shutdown delayed official data, raising uncertainty over the Fed’s decision next month.
The DXY dollar index traded at 100.154.
