USD Overview (26 July 2021)
ByJin Dao Tai
JUL 26, 2021
Last Friday, USD strengthened against most major currencies except NZD.
The flash PMI data released last Friday indicated continued expansion in the manufacturing sector at a faster pace in July although shortages of raw materials is still an issue. Growth in the services sector slowed down due to labour shortages.
- Flash Manufacturing PMI (Actual: 63.1, Forecast: 62.0, Previous: 62.1 revised from 62.6)
- Flash Services PMI (Actual: 59.8, Forecast: 64.6, Previous: 64.6 revised from 64.8)
New Home Sales data (Forecast: 800K, Previous: 769K) will be released later at 2200 (GMT+8).
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.