USD Overview (12 August 2021)

U.S. Dollar Currency IndexTVC

Description

⋅ Aug 12, 2021 12:49 AM

Yesterday, USD weakened against all major currencies.

The CPI m/m data released yesterday indicated a slowdown in inflation in July. As a result, USD weakened across the board.

CPI m/m (Actual: 0.5%, Forecast: 0.5%, Previous: 0.9%)
Core CPI m/m (Actual: 0.3%, Forecast: 0.4%, Previous: 0.9%)

Comments

yoo_ad_51

⋅ Aug 12, 2021 1:01 AM

The US is recovering. The corona virus has almost stopped. How has the dollar weakened?

JinDao_Tai

⋅ Aug 13, 2021 1:18 AM

Hello @yoo_ad_51, the U.S. dollar had a brief weakening against the other major currencies due to the slowdown in inflation in July.

rb675

⋅ Aug 12, 2021 1:00 AM

Thank you