USD Overview (14 April 2021)

Yesterday, USD weakened against all major currencies.

The CPI m/m data released yesterday indicated a higher-than-expected increase in inflation in March.

• CPI m/m (Actual: 0.6%, Forecast: 0.5%, Previous: 0.4%)
  
• Core CPI m/m (Actual: 0.3%, Forecast: 0.2%, Previous: 0.1%)
  

Federal Reserve Chairman Powell will be speaking tomorrow at the Economic Club of Washington at 0000 (SGT).
During this time, there may be volatility in USD.