ByJin Dao Tai
MAY 25, 2021
Yesterday, USD weakened against most major currencies except GBP.
FOMC committee member Evans will be speaking later at 1940 (SGT). Also, committee member Quarles will be testifying on the Federal Reserve’s supervision and regulation of the financial system before the Senate Banking Committee later at 2200 (SGT). During these times, there may be volatility in USD.
The Conference Board Consumer Confidence data (Forecast: 119.4, Previous: 121.7) will be released later at 2200 (SGT).
Also at the same time, the New Home Sales data (Forecast: 950K, Previous: 1021K) will be released.
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