United States Chicago Fed National Activity Index
The Chicago Fed National Activity Index (CFNAI) is a measure of overall economic activity and inflationary pressure. Based on a weighted average of 85 monthly measures of national economic activity, the CFNAI calculates national economic activity. It averages zero and has a standard deviation of one. Due to the fact that economic activity tends to grow at a trend rate over time, a positive reading indicates growth above the trend and a negative reading indicates growth below the trend.
A higher than expected figure should be seen as positive (bullish) for the USD while a lower than expected figure should be seen as negative (bearish) for the USD.
Forex Sentiment (USD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.0714 -23 pips |
1.0800 -63 pips |
1.07369 | |
| GBPUSD |
|
|
1.2434 -44 pips |
1.2558 -80 pips |
1.24780 | |
| USDJPY |
|
|
149.9554 -584 pips |
153.8932 +190 pips |
155.794 | |
| USDCAD |
|
|
1.3600 -135 pips |
1.3731 +4 pips |
1.37348 | |
| AUDUSD |
|
|
0.6535 -34 pips |
0.6611 -42 pips |
0.65690 | |
| NZDUSD |
|
|
0.5973 -22 pips |
0.6099 -104 pips |
0.59950 | |
| USDCHF |
|
|
0.8923 -162 pips |
0.9131 -46 pips |
0.90851 | |
| USDCZK |
|
|
23.7075 +4572 pips |
23.2889 -386 pips |
23.25031 | |
| USDHUF |
|
|
356.9533 -466 pips |
366.3243 -471 pips |
361.62 | |
| USDMXN |
|
|
16.9479 +143 pips |
18.9101 -19765 pips |
16.9336 |
News (USD)
U.S. Wholesale Inventories Decrease 0.4% In March, In Line With Estimates
The Commerce Department released a report on Wednesday showing a pullback by U.S. wholesale inventories in the month of March. The report said wholesale inventories fell by 0.4 percent in March after rising by 0.2 percent in February. The decrease by wholesale inventories matched economist estimates.
RTTNews | 21h 3min ago
U.S. Mortgage Applications Rebound By 2.6% In Week Ended 5/3
Mortgage applications in the U.S. saw a notable rebound in the week ended May 3rd, according to a report released by the Mortgage Bankers Association on Wednesday.
RTTNews | 22h 6min ago
U.S. Service Sector Activity Contracts For First Time Since December 2022
After growing for fifteen consecutive months, U.S. service sector activity unexpectedly contracted in the month of April, according to a report released by the Institute for Supply Management on Friday. The ISM said its services PMI dipped to 49.4 in April from 51.4 in March, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 52.0.
RTTNews | 5 days ago
