JinDao_Tai

USD Overview (02 September 2021)

TVC:DXY   U.S. Dollar Index
Yesterday, USD weakened against most major currencies except CAD, JPY and CHF.

The ADP Non-Farm Employment Change data (Actual: 374K, Forecast: 620K, Previous: 326K revised from 330K) released yesterday indicated that jobs gained in August fell short of the expectation.

The ISM Manufacturing PMI data (Actual: 59.9, Forecast: 58.5, Previous: 59.5) released yesterday indicated continued expansion of the manufacturing sector in August at a pace similar to July.

FOMC committee member Bostic will be speaking tomorrow at 0100 (GMT+8). FOMC committee member Daly will also be speaking tomorrow at 0300 (GMT+8). During these times, 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.