JinDao_Tai

USD Overview (07 May 2021)

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

The Unemployment Claims data (Actual: 498K, Forecast: 540K, Previous: 590K revised 553K) released yesterday indicated a further decline in the number of people claiming unemployment benefits last week.

The Nonfarm Payrolls employment report will be released later at 2030 (SGT).
  • Average Hourly Earnings m/m (Forecast: 0.0%, Previous: -0.1%)
  • Non-Farm Employment Change (Forecast: 990K, Previous: 916K)
  • Unemployment Rate (Forecast: 5.8%, Previous: 6.0%)

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