USD Overview (26 November 2020)

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

The Preliminary GDP q/q data (Actual: 33.1%, Forecast: 33.1%, Previous: 33.1%) released yesterday indicated no change in quarterly GDP from the initial estimate.

The New Home Sales data (Actual: 999K, Forecast: 972K, Previous: 959K) released yesterday indicated an increase in housing sales in October.

U.S. banks will be closed today in observance of Thanksgiving holiday. Expect lower trading volatility and volume during the U.S. market session.

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