JinDao_Tai

USD Overview (04 March 2021)

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

The ISM services PMI data (Actual: 55.3, Forecast: 58.7, Previous: 58.7) released yesterday indicated continued expansion in the services sector although at a slower pace.

The OPEC-JMMC meetings will be held today.

Federal Reserve Chairman Jerome Powell will be speaking tomorrow at 0105 (SGT). During this time, there may be volatility in USD.

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