(Reuters) The dollar was roughly flat on Thursday morning awaiting gross domestic product data on Friday, little moved by a report showing that factory activity in the mid-Atlantic region has nearly stalled this month.
“It’s very sleepy,” said Juan Perez, senior foreign exchange trader and strategist at Monex Inc.
“Markets are quiet in anticipation of what may come tomorrow when it comes to gross domestic product.”
The Bank of England “didn’t seem too dovish but none too positive either. So, they’re in the same mode as the Fed where they’re just watching carefully to see how things politically are going to work out – if Brexit is going to happen,” said Perez.
BoE governor Mark Carney’s departure in the coming few weeks may weigh on sterling. The handover is “going to create more fog when it comes to come to central bank action,” said Perez, and it is unclear if Carney’s replacement will “continue mimicking the Fed or if they’re going to work closer with Boris Johnson.”
