JinDao_Tai

USD Overview (24 May 2021)

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

The flash PMI data released last Friday indicated that business activities have once again expanded at the fastest pace since the start of PMI data collection.
  • Flash Manufacturing PMI (Actual: 61.5, Forecast: 60.0, Previous: 60.5 revised from 60.6)
  • Flash Services PMI (Actual: 70.1, Forecast: 64.3, Previous: 64.7 revised from 63.1)

FOMC committee member Brainard will be speaking later at 2100 (SGT). Also, committee member Bostic will be speaking tomorrow at 0000 (SGT). During these times, there may be volatility in USD.

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