JinDao_Tai

USD Overview (14 January 2021)

TVC:DXY   U.S. Dollar Index
Yesterday, USD strengthened against most major currencies except CAD.

The U.S. CPI m/m data released yesterday indicated continued increase in inflation in December.
  • CPI m/m data (Actual: 0.4%, Forecast: 0.4%, Previous: 0.2%)
  • Core CPI m/m data (Actual: 0.1%, Forecast: 0.1%, Previous: 0.2%)

It was reported earlier today that the House of Representatives has voted to impeach President Trump, charging him with the incitement of an insurrection that led to violence in the Capitol.

Federal Reserve Chairman Powell will be speaking at a webinar tomorrow at 0130 (SGT). During this time, there may be volatility in USD.

Free trading community: discord.gg/kPDXU2ZaDt
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.