USD Overview (27 October 2020)

Yesterday, USD strengthened against most major currencies except AUD and NZD.

The New Home Sales data (Actual: 959K, Forecast: 1025K, Previous: 994K revised from 1011K) released yesterday indicated a slowdown instead of the forecasted increase in the number of new single-family houses sold in September.

The durable goods orders m/m data will be released later at 2030 (SGT).

• Core Durable Goods Orders m/m (Forecast: 0.3%, Previous: 0.6% revised from 0.4%)
  
• Durable Goods Orders m/m (Forecast: 0.5%, Previous: 0.5% revised from 0.4%)
  

Also, the Conference Board Consumer Confidence data (Forecast: 102.1, Previous: 101.8) will be released later at 2200 (SGT).