USD Overview (02 December 2020)
Yesterday, USD weakened against all major currencies.
The U.S. ISM Manufacturing PMI data (Actual: 57.5, Forecast: 57.9, Previous: 59.3) released yesterday indicated a slight slowdown in the expansion of the manufacturing sector.
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 U.S. ISM Manufacturing PMI data (Actual: 57.5, Forecast: 57.9, Previous: 59.3) released yesterday indicated a slight slowdown in the expansion of the manufacturing sector.
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.
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