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USD Overview (08 October 2021)

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#OPINIONLEADER# #USDollarIndex#

USD Overview (08 October 2021)

ByJin Dao Tai

 OCT 8, 2021

USD Overview (08 October 2021)

Yesterday, USD weakened against most major currencies except JPY and CHF.

The Non-Farm Payroll jobs report will be released later at 2030 (GMT+8).

  • Average Hourly Earnings m/m (Forecast: 0.4%Previous: 0.6%)
  • Non-Farm Employment Change (Forecast: 490KPrevious: 235K)
  • Unemployment Rate (Forecast: 5.1%Previous: 5.2%)

U.S. banks will be closed next Monday in observance of Columbus Day. Expect lower trading volume and volatility during the usual U.S. market hours.

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