United States NFIB Business Optimism Index
Approximately 620 NFIB members are questioned in a survey to generate the NFIB Small Business Optimism Index in the United States. The index is composed of ten seasonally adjusted components. Plans to increase employment, plans to make capital expenditures, plans to increase inventory, expectations of an improving economy, expectations of higher real sales, current inventory, current job openings, expected credit conditions, whether now is a good time to expand, and earnings trend are some of the questions on the list.
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 |
|
|
1.0715 -31 pips |
1.0802 -56 pips |
1.07464 | |
| GBPUSD |
|
|
1.2438 -56 pips |
1.2559 -65 pips |
1.24941 | |
| USDJPY |
|
|
150.0338 -553 pips |
153.8712 +169 pips |
155.564 | |
| USDCAD |
|
|
1.3600 -127 pips |
1.3731 -4 pips |
1.37272 | |
| AUDUSD |
|
|
0.6535 -42 pips |
0.6611 -34 pips |
0.65771 | |
| NZDUSD |
|
|
0.5973 -31 pips |
0.6093 -89 pips |
0.60039 | |
| USDCHF |
|
|
0.8920 -162 pips |
0.9131 -49 pips |
0.90824 | |
| USDCZK |
|
|
23.7075 +4412 pips |
23.2889 -226 pips |
23.26632 | |
| USDHUF |
|
|
356.9533 -458 pips |
366.3243 -479 pips |
361.54 | |
| USDMXN |
|
|
16.9487 +221 pips |
18.7251 -17985 pips |
16.9266 |
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 | 15h 56min 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 | 17h 0min 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
