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    India 2020-04-24 09:24:56
    Technical index USD Overview4/24

    Yesterday, USD weakened against most major currencies except EUR and CHF.
    The U.S. Unemployment Claims data (Actual: 4427K, Forecast: 4350K, Previous: 5237K revised from 5245K) released yesterday was worse than forecasted.
    Also, the U.S. Flash PMI data released yesterday indicated an unprecedented decline in business activity for the month of April.
    - Flash Manufacturing PMI (Actual: 36.9, Forecast: 35.1, Previous: 48.5 revised from 49.2)
    - Flash Services PMI (Actual: 27.0, Forecast: 30.5, Previous: 39.8 revised from 39.1)
    The U.S. Durable Goods Orders m/m data will be released later at 2030 (SGT).
    - Core Durable Goods Orders m/m (Forecast: -6.1%, Previous: -0.6%)
    - Durable Goods Orders m/m (Forecast: -12.0%, Previous: 1.2%)
    If the released data are worse than forecasted, USD may weaken.

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