USD Overview (16 November 2020)

Last Friday, USD weakened against all major currencies.

The PPI m/m data released last Friday indicated a slowdown in the increase of price of goods sold by producers.

• Core PPI m/m (Actual: 0.1%, Forecast: 0.2%, Previous: 0.4%)
  
• PPI m/m (Actual: 0.3%, Forecast: 0.2%, Previous: 0.4%)
  

Also, the Preliminary UoM Consumer Sentiment data (Actual: 77.0, Forecast: 82.1, Previous: 81.8 revised from 81.2) released indicated a strong decline of consumer confidence in October after 3 months of increase amid the worsening condition of COVID-19.