United States Employment Cost Index QoQ
Growth in employee salary (wages and benefits) is tracked by the Employment Cost Index. Employer payrolls are polled in the final month of each quarter to compile the Employment Confidence Index. Wages, fringe benefits, and bonuses for employees at all levels of a corporation are tracked by the index, which analyzes changes in the cost of labor.
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 |
|
|
1.0718 -44 pips |
1.0844 -82 pips |
1.07620 | |
| GBPUSD |
|
|
1.2474 -73 pips |
1.2649 -102 pips |
1.25471 | |
| USDJPY |
|
|
145.8171 -708 pips |
153.6611 -76 pips |
152.901 | |
| USDCAD |
|
|
1.3555 -126 pips |
1.3701 -20 pips |
1.36811 | |
| AUDUSD |
|
|
0.6556 -55 pips |
0.6631 -20 pips |
0.66105 | |
| NZDUSD |
|
|
0.5969 -42 pips |
0.6130 -119 pips |
0.60112 | |
| USDCHF |
|
|
0.8900 -151 pips |
0.9110 -59 pips |
0.90510 | |
| USDCZK |
|
|
23.7075 +4563 pips |
0 +232512 pips |
23.25120 | |
| USDHUF |
|
|
356.7433 -509 pips |
366.3243 -449 pips |
361.83 | |
| USDMXN |
|
|
16.9552 -188 pips |
18.6856 -17116 pips |
16.9740 |
News (USD)
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 | 9h 34min ago
U.S. Services PMI Unexpectedly Indicates Contraction In April
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.
RTTNews | 9h 57min ago
U.S. Job Growth Falls Short Of Estimates In April, Unemployment Rate Ticks Higher
After reporting stronger than expected job growth over the past several months, the Labor Department released a report on Friday showing employment in the U.S. increased by much less than expected in the month of April. The Labor Department said non-farm payroll employment climbed by 175,000 jobs in April after surging by an upwardly revised 315,000 jobs in March.
RTTNews | 10h 41min ago
