Personal income data is due out at 1230GMT with a +0.4%MoM result expected, up from +0.1% last month. Also at 1230GMT we have the personal spending numbers with the market looking for +0.1%MoM, down from last month’s +0.7% result. Higher than expected numbers may provide some support for the USD while weaker numbers should add to the current negative sentiment for the USD.
