JinDao_Tai

USD Overview (06 January 2021)

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

The ISM Manufacturing PMI data (Actual: 60.7, Forecast: 56.6, Previous: 57.5) released yesterday indicated a strong increase in the rate of expansion of the manufacturing sector in December.

The ADP Non-Farm Employment Change data (Forecast: 60K, Previous: 307K) will be released later at 2115 (SGT).

The FOMC will be releasing the minutes for the previous monetary policy meeting tomorrow at 0300 (SGT).

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