USD Overview (28 October 2021)
#OPINIONLEADER# #USDollarIndex#
ByJin Dao Tai
OCT 28, 2021
Yesterday, USD weakened against most major currencies except GBP.
The core durable goods orders m/m data released yesterday indicated continued growth in orders placed for business equipment by factories while durable goods orders declined due to lower demand of aircraft and cars.
- Core Durable Goods Orders m/m (Actual: 0.4%, Forecast: 0.4%, Previous: 0.3% revised 0.2%)
- Durable Goods Orders m/m (Actual: -0.4%, Forecast: -1.1%, Previous: 1.3% revised from 1.8%)
The Advance GDP q/q data (Forecast: 2.6%, Previous: 6.7% revised from 6.5%) will be released later at 2030 (GMT+8).
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