ByJin Dao Tai
NOV 1, 2021
Last Friday, USD strengthened against all major currencies.
The Core PCE Price Index m/m data (Actual: 0.2%, Forecast: 0.2%, Previous: 0.3%) released last Friday indicated continued increase in the prices of goods and services purchased by consumers in September at the slightly slower pace. However, when measured year-over-year, headline inflation rose by 4.4% in September, the fastest since 1991.
The ISM Manufacturing PMI data (Forecast: 60.4, Previous: 61.1) will be released later at 2200 (GMT+8).
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