USD Overview (12 May 2021)

Yesterday, USD weakened against most major currencies except CAD.

The CPI m/m data will be released later at 2030 (SGT).

• CPI m/m (Forecast: 0.2%, Previous: 0.6%)
  
• Core CPI m/m (Forecast: 0.3%, Previous: 0.3%)
  

FOMC member Clarida will be speaking later at 2100 (SGT) while Bostic will be speaking tomorrow at 0100 (SGT). During this period, there may be volatility in USD.