Last Friday, USD strengthened against most major currencies except NZD.
The PPI m/m data will be released last Friday indicated a higher-than-expected increase in the price of finished goods and services sold by producers albeit at a slower rate than previous month.
PPI m/m (Actual: 0.7%, Forecast: 0.6%, Previous: 1.0%)
Core PPI m/m (Actual: 0.6%, Forecast: 0.5%, Previous: 1.0%)
During an interview last Friday, FOMC committee member Loretta Mester said that the weak August jobs report did not change her view on leaning towards carrying out quantitative easing tapering this year.
The Federal Budget Balance will be released by the U.S. Department of the Treasury tomorrow at 0200 (GMT+8).