JinDao_Tai

USD Overview (01 July 2020)

TVC:DXY   U.S. Dollar Index
Yesterday, USD weakened against most major currencies except EUR and JPY.

The Chicago PMI data (Actual: 36.6, Forecast: 45.0, Previous: 32.3) released yesterday indicated a picking up of business activities for Chicago state in June as COVID-19 lockdown measure start to ease.

The Conference Board Consumer Confidence data (Actual: 98.1, Forecast: 91.6, Previous: 86.6) released yesterday indicated a more optimistic consumer’s outlook of the U.S. economy in June.

The ADP Non-Farm Employment Change data (Forecast: 2850K, Previous: -2760K) will be released later at 2015 (SGT).

The ISM Manufacturing PMI data (Forecast: 49.5, Previous: 43.1) will be released later at 2200 (SGT).

The Federal Reserve will be releasing the minutes for the previous monetary meeting tomorrow at 0200 (SGT).

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