USD Overview (12 May 2021)

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USD Overview (12 May 2021)

ByJin Dao Tai

 MAY 12, 2021

Yesterday, USD weakened against most major currencies except CAD.

The CPI m/m data will be released later at 2030 (SGT).

  • CPI m/m (Forecast: 0.2%Previous: 0.6%)
  • Core CPI m/m (Forecast: 0.3%Previous: 0.3%)

FOMC member Clarida will be speaking later at 2100 (SGT) while Bostic will be speaking tomorrow at 0100 (SGT). During this period, there may be volatility in USD.

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