JinDao_Tai

USD Overview (07 January 2021)

TVC:DXY   U.S. Dollar Index
Yesterday, USD weakened against EUR. AUD and NZD.

The ADP Non-Farm Employment Change data (Actual: -123K, Forecast: 60K, Previous: 304K revised from 307K) released yesterday indicated a decline in the number of private employment in December.

It was reported yesterday that the Democratic Party has won the U.S. Senate election.

In the released minutes for the previous monetary policy meeting, the Federal Reserve expressed optimism in the U.S. economic growth, lowering projections for the unemployment rate.

The U.S. ISM Services PMI data (Forecast: 54.5, Previous: 55.9) will be released later at 2300 (SGT).

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