Singapore
2020-07-31 17:07
Market analysisUSD Overview (31 July 2020)
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Forex
Market analysis:
Yesterday, USD weakened against most major currencies except CAD.
The Advance GDP q/q data (Actual: -32.9%, Forecast: -34.5%, Previous: -5.0% revised from -4.8%) released yesterday indicated a strong negative growth in the U.S. economy in the second quarter of 2020.
The Chicago PMI data (Forecast: 44.0, Previous: 36.6) will be released later at 2145 (SGT).
Also, the Revised UoM Consumer Sentiment data (Forecast: 72.9, Previous: 73.2) will be released later at 2200 (SGT).
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USD Overview (31 July 2020)
Yesterday, USD weakened against most major currencies except CAD.
The Advance GDP q/q data (Actual: -32.9%, Forecast: -34.5%, Previous: -5.0% revised from -4.8%) released yesterday indicated a strong negative growth in the U.S. economy in the second quarter of 2020.
The Chicago PMI data (Forecast: 44.0, Previous: 36.6) will be released later at 2145 (SGT).
Also, the Revised UoM Consumer Sentiment data (Forecast: 72.9, Previous: 73.2) will be released later at 2200 (SGT).
Forex
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