JinDao_Tai

USD Overview (06 August 2020)

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

The ADP Non-Farm Employment Change data (Actual: 167K, Forecast: 1200K, Previous: 4314K revised from 2369K) released yesterday indicated a slowdown in the increase of employment in the private sector in July.

Also, the U.S. ISM Non-Manufacturing PMI data (Actual: 58.1, Forecast: 55.0, Previous: 57.1) released indicated continued growth in the services sector in July.

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