ByJin Dao Tai
SEP 1, 2021
Yesterday, USD weakened against most major currencies except CAD and JPY.
The Conference Board Consumer Confidence data (Actual: 113.8, Forecast: 123.4, Previous: 125.1 revised from 129.1) released yesterday indicated a decline in the level of confidence from the surveyed households on the U.S. economy due to rising concerns on the Delta variant and high inflation.
The ADP Non-Farm Employment Change data (Forecast: 620K, Previous: 330K) will be released later at 2015 (GMT).
The ISM Manufacturing PMI data (Forecast: 58.5, Previous: 59.5) will be released later at 2200 (GMT+8).
FOMC committee member Bostic will be speaking tomorrow at 0000 (GMT+8). During this time, there may be volatility in USD.
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