USD Overview (25 October 2021)

avatar
· 閱讀量 234

#OPINIONLEADER#

USD Overview (25 October 2021)

ByJin Dao Tai

 OCT 25, 2021

USD Overview (25 October 2021)

Last Friday, USD weakened against most major currencies except GBP, NZD and CAD.

The flash PMI data released last Friday indicated continued expansion in the services sector at a faster pace while the manufacturing sector expanded at a slightly slower pace.

  • Flash Manufacturing PMI (Actual: 59.2Forecast: 60.5Previous: 60.7 revised from 60.5)
  • Flash Services PMI (Actual: 58.2Forecast: 55.3Previous: 54.9 revised from 54.4)

During his speech last Friday, Fed Chairman Powell highlighted that the central bank is on track to finish tapering by mid-2022. Also, he expressed a sign of concern over the persistently high inflation that is expected to last longer. Nonetheless, Powell did mention that he thinks it is time for the central bank to taper quantitative easing.

風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。

喜歡的話,讚賞支持一下
回覆 0
暫無留言。 來發表第一則觀點吧。

  • tradingContest