Singapore
2020-04-15 15:24
Market analysisUSD Overview
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Market analysis:
Yesterday, USD weakened against all major currencies.
Earlier today, it was announced that President Trump had halted funding to the World Health Organization (WHO), claiming that the WHO “failed in its basic duty and it must be held accountable” as he feels that the WHO is “mismanaging and covering up the spread of coronavirus”.
The U.S. Retail Sales m/m data will be released later at 2230 (SGT).
- Core Retail Sales m/m (Forecast: -4.9%, Previous: -0.4%)
- Retail Sales m/m (Forecast: -8.0%, Previous: -0.5%)
If the released data is worse than or as forecasted, USD may weaken.
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USD Overview
Singapore | 2020-04-15 15:24
Yesterday, USD weakened against all major currencies.
Earlier today, it was announced that President Trump had halted funding to the World Health Organization (WHO), claiming that the WHO “failed in its basic duty and it must be held accountable” as he feels that the WHO is “mismanaging and covering up the spread of coronavirus”.
The U.S. Retail Sales m/m data will be released later at 2230 (SGT).
- Core Retail Sales m/m (Forecast: -4.9%, Previous: -0.4%)
- Retail Sales m/m (Forecast: -8.0%, Previous: -0.5%)
If the released data is worse than or as forecasted, USD may weaken.
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