USD review

Western Union notes:

The data-deprived dollar so far this week has largely looked abroad for its cues. The dollar has struggled as Japan has talked up its currency from 13-year lows and bonds in Europe continued to offer juicer yields. 

Uncertainty remains at a fever pitch however and the dollar could catch a break should data over the coming two days speak better about the consumer, the economy's lead growth engine, and turn up the heat on the Fed to raise rates. Retail sales Thursday are forecast to top 1% while consumer sentiment Friday is expected to brighten.