USD Overview (28 October 2021)

U.S. Dollar Currency IndexTVC

Description

⋅ Oct 27, 2021 11:44 PM

Yesterday, USD weakened against most major currencies except GBP.

The core durable goods orders m/m data released yesterday indicated continued growth in orders placed for business equipment by factories while durable goods orders declined due to lower demand of aircraft and cars.

Core Durable Goods Orders m/m (Actual: 0.4%, Forecast: 0.4%, Previous: 0.3% revised 0.2%)
Durable Goods Orders m/m (Actual: -0.4%, Forecast: -1.1%, Previous: 1.3% revised from 1.8%)

The Advance GDP q/q data (Forecast: 2.6%, Previous: 6.7% revised from 6.5%) will be released later at 2030 (GMT+8).

Comments

Mihai_Iacob

⋅ Oct 28, 2021 5:17 AM

Thanks for your work