• The US Dollar flattens on Thursday after Fed’s Williams said he sees inflation cooling and interest rates falling.
• Investors will look at Jobless Claims data and further comments from Fed officials. 
• The US Dollar Index trades flat around 106.50, still looking for support to bounce off from. 

The US Dollar (USD) is trading flat on Thursday at around 106.50 when tracked by the DXY US Dollar Index, afterNew York Fed President John Williams said that inflation continues to cool down, opening the door for a further drop in interest rates. The US Dollar has traded broadly sideways in recent days, influenced by swings coming from the war between Russia and Ukraine and, more recently,  disappointing earnings from Nvidia.

The US economic calendar features on Thursday the weekly Jobless Claims data and the Philadelphia Fed Manufacturing Survey for November, which will be a good leading indicator of how the sector is responding to President-elect Donald Trump’s victory. Moreover, four other Fed speakers are set to make comments today.