USD Overview (25 June 2021)

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USD Overview (25 June 2021)

ByJin Dao Tai

 JUN 25, 2021

Yesterday, USD weakened against most major currencies except GBP and CAD.

The Final GDP q/q data (Actual: 6.4%Forecast: 6.4%Previous: 6.4%) released yesterday indicated no change in the GDP for the first quarter of 2021 as reported previously.

Also at the same time, the Unemployment Claims data (Actual: 411KForecast: 382KPrevious: 418K revised from 412K) released yesterday indicated a slight decline in the number of people claiming for unemployment benefits last week as compared to the previous.

The Revised UoM Consumer Sentiment data (Forecast: 86.5Previous: 86.4) will be released later at 2200 (GMT+8).

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