USD Overview (14 May 2021)
ByJin Dao Tai
MAY 14, 2021
Yesterday, USD weakened against most major currencies except CAD and GBP.
The Unemployment Claims data (Actual: 473K, Forecast: 487K, Previous: 507K revised from 498K) released yesterday indicated continued decline in the number of people claiming for unemployment benefit in April. Unemployment claims also fell to the lowest level since 14 March 2020, the period when the pandemic started.
The Retail Sales m/m data will be released later 2030 (SGT).
- Core Retail Sales m/m (Forecast: 0.5%, Previous: 8.4%)
- Retail Sales m/m (Forecast: 1.0%, Previous: 9.8%)
The Preliminary UoM Consumer Sentiment data (Forecast: 90.2, Previous: 88.3 revised from 86.5) will be released later at 2200 (SGT).
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.