United States Michigan Current Conditions
When it comes to consumer expectations, the Index of Consumer Expectations focuses on three areas: how consumers perceive future prospects for their own financial situation, how they perceive future prospects for general economic conditions in the near term and their perception of future economic conditions in the long term. Each monthly poll has roughly 50 core questions, each of which examines a distinct facet of consumer attitudes and expectations. . In order to be statistically representative, the samples for the Surveys of Consumers are statistically intended to include all American homes, with the exception of those in Alaska and Hawaii. A minimum of 500 telephone interviews is done each month.
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 |
|
|
1.1394 -426 pips |
1.1673 +147 pips |
1.18195 | |
| GBPUSD |
|
|
1.3192 -437 pips |
1.3540 +89 pips |
1.36292 | |
| USDJPY |
|
|
143.7190 -318 pips |
148.9714 -208 pips |
146.896 | |
| USDCAD |
|
|
1.3705 -67 pips |
1.3893 -121 pips |
1.37717 | |
| AUDUSD |
|
|
0.6553 -102 pips |
0.6675 -20 pips |
0.66549 | |
| NZDUSD |
|
|
0.5898 -66 pips |
0.6038 -74 pips |
0.59641 | |
| USDCHF |
|
|
0.8022 +137 pips |
0.8232 -347 pips |
0.78853 | |
| USDCZK |
|
|
21.5795 +10149 pips |
21.7982 -12336 pips |
20.56462 | |
| USDHUF |
|
|
355.3844 +2575 pips |
355.0826 -2544 pips |
329.64 | |
| USDMXN |
|
|
18.1260 -1896 pips |
18.9702 -6546 pips |
18.3156 |
News (USD)
Fed Cuts Rates By Quarter Point, Forecasts Two More Rate Cuts This Year
In a widely expected move, the Federal Reserve on Wednesday announced that it has decided to lower interest rates by a quarter point, marking the first rate cut of 2025. The Fed said it decided to lower the target range for the federal funds rate by 25 basis points to 4.0 percent to 4.25 percent, citing a shift in the balance of risks.
RTTNews | 3h 57min ago
U.S. Housing Starts Pull Back Much More Than Expected In August
After reporting significant increases in new residential construction in the U.S. over the two previous months, the Commerce Department released a report on Wednesday showing housing starts pulled back by much more than expected in the month of August. The Commerce Department said housing starts plummeted by 8.5 percent to an annual rate of 1.307 million in August.
RTTNews | 8h 1min ago
U.S. Housing Starts Plunge 8.5% In August, Much More Than Expected
After reporting significant increases in new residential construction in the U.S. over the two previous months, the Commerce Department released a report on Wednesday showing housing starts pulled back by much more than expected in the month of August.
RTTNews | 9h 44min ago
