JinDao_Tai

USD Overview (27 August 2021)

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

The Preliminary GDP q/q data (Actual: 6.6%, Forecast: 6.7%, Previous: 6.5%) released yesterday indicated a slight upwards revision in GDP from the advance release for the second quarter.

Day 1 of the Jackson Hole Symposium will be held today. Federal Reserve Chairman Powell will be speaking later at 2200 (GMT+8). During this time, expect volatility in USD.

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