USD Overview (19 February 2021)

Yesterday, USD weakened against all major currencies.

The U.S. housing data released yesterday indicated an increase in the number of building permits for privately-owned housing being issued while the number of houses that started construction increased at a slower pace.

• Building Permits (Actual: 1.88M, Forecast: 1.67M, Previous: 1.70M revised from 1.71M)
  
• Housing Starts (Actual: 1.58M, Forecast: 1.66M, Previous: 1.68M revised from 1.67M)
  

The flash PMI data will be released later at 2245 (SGT).

• Flash Manufacturing PMI (Forecast: 58.4, Previous: 59.2 revised from 59.1)
  
• Flash Services PMI (Forecast: 57.9, Previous: 58.3 revised from 57.5)
  

The Federal Reserve will be releasing the monetary policy report tomorrow at a tentative timing.