Last Friday, USD strengthened against most major currencies except GBP, AUD and NZD.
Federal Reserve Chairman Jerome Powell announced on Friday that the central bank will return the unused emergency funds to the U.S. Treasury as requested by Secretary Steven Mnuchin as lending programmes are set to expire at the end of the year.
The U.S. flash PMI data will be released later at 2245 (SGT).
Federal Reserve Chairman Jerome Powell announced on Friday that the central bank will return the unused emergency funds to the U.S. Treasury as requested by Secretary Steven Mnuchin as lending programmes are set to expire at the end of the year.
The U.S. flash PMI data will be released later at 2245 (SGT).
- Flash Manufacturing PMI (Forecast: 52.5, Previous: 53.4 revised from 53.3)
- Flash Services PMI (Forecast: 55.8, Previous: 56.9 revised from 56.0)