JinDao_Tai

USD Overview (04 December 2020)

TVC:DXY   U.S. Dollar Index
Yesterday, USD weakened against all major currencies.

The ISM Services PMI data (Actual: 55.9, Forecast: 56.0, Previous: 56.6) released earlier indicated a slight slowdown in the rate of expansion in the services sector.

Pharmaceutical company Pfizer said yesterday that the amount of COVID-19 vaccines to be shipped this year is expected to decrease by half from the initial planned amount after discovering that raw materials during early production fail to meet standards.

The U.S. Non-Farm Payroll data will be released later at 2130 (SGT).
  • Average Hourly Earnings m/m (Forecast: 0.1%, Previous: 0.1%)
  • Non-Farm Employment Change (Forecast: 500K, Previous: 638K)
  • Unemployment Rate (Forecast: 6.8%, Previous: 6.9%)

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