USD Overview (14 August 2020)

Yesterday, USD weakened against most major currencies except AUD, NZD and JPY.

The retail sales data will be released later at 2030 (SGT).

• Core Retail Sales m/m (Forecast: 1.3%, Previous: 7.3%)
  
• Retail Sales m/m (Forecast: 2.0%, Previous: 7.5%)
  

Also, the Preliminary UoM Consumer Sentiment data (Forecast: 72.0, Previous: 72.5 revised from 73.2) will be released later at 2200 (SGT).

The U.S. and China will be reviewing the Phase 1 trade deal implementation thus far over the weekend.