JinDao_Tai

USD Overview (28 January 2022)

TVC:DXY   U.S. Dollar Index
Yesterday, USD strengthened against all major currencies.

The U.S. Advance GDP q/q data (Actual: 6.9%, Forecast: 5.3%, Previous: 2.3% revised 2.0%) released yesterday indicated a strong economic expansion during the fourth quarter of 2021. Economic growth has been the fastest since 1984 and has surpassed the pre-pandemic level.

The Core PCE Price Index m/m data (Forecast: 0.5%, Previous: 0.5%) will be released later at 2130 (GMT+8).

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