Yesterday, USD strengthened against most major currencies except GBP.
The Chicago PMI data (Actual: 58.2, Forecast: 59.4, Previous: 61.1) released yesterday indicated a slowdown in the expansion of business activities in Chicago state.
Pharmaceutical company Moderna announced yesterday that new data shows its COVID-19 vaccine is more than 94% effective and plans to request for emergency clearance from the FDA.
President-elect Joe Biden confirmed yesterday that former Fed Chair Janet Yellen will be his official nominee for Treasury secretary.
The U.S. ISM Manufacturing PMI data (Forecast: 57.9, Previous: 59.3) will be released later at 2300 (SGT).
Federal Reserve Chairman Jerome Powell will be testifying on the CARES Act later at 2300 (SGT). During this time, there may be volatility in USD.
The Chicago PMI data (Actual: 58.2, Forecast: 59.4, Previous: 61.1) released yesterday indicated a slowdown in the expansion of business activities in Chicago state.
Pharmaceutical company Moderna announced yesterday that new data shows its COVID-19 vaccine is more than 94% effective and plans to request for emergency clearance from the FDA.
President-elect Joe Biden confirmed yesterday that former Fed Chair Janet Yellen will be his official nominee for Treasury secretary.
The U.S. ISM Manufacturing PMI data (Forecast: 57.9, Previous: 59.3) will be released later at 2300 (SGT).
Federal Reserve Chairman Jerome Powell will be testifying on the CARES Act later at 2300 (SGT). During this time, there may be volatility in USD.