Consumer spending on goods and services in the United States economy is measured by Personal consumption expenditures (PCE). It contributes to over two-thirds of domestic final spending, and as a result, it is the key engine driving future economic growth. When comparing current spending to future consumption, PCE reveals how much of a household's income is spent on current consumption, as opposed to how much is saved for future consumption. PCE also gives a detailed estimate of the types of products and services that are purchased by households. Examples include the proportion of expenditure accounted for by discretionary items such as vehicles or the adjustments made by customers in reaction to price variations such as a major increase in the cost of fuel.
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 |
|
|
1.0595 -97 pips |
1.0811 -119 pips |
1.06919 | |
GBPUSD |
|
|
1.2209 -186 pips |
1.2487 -92 pips |
1.23946 | |
USDJPY |
|
|
134.7902 -548 pips |
139.6031 +67 pips |
140.273 | |
USDCAD |
|
|
1.3341 -102 pips |
1.3509 -66 pips |
1.34428 | |
AUDUSD |
|
|
0.6569 -18 pips |
0.6715 -128 pips |
0.65873 | |
NZDUSD |
|
|
0.6053 +3 pips |
0.6191 -141 pips |
0.60498 | |
USDCHF |
|
|
0.9046 -60 pips |
0.9306 -200 pips |
0.91058 | |
USDCZK |
|
|
21.8414 -2029 pips |
0 +220443 pips |
22.04428 | |
USDHUF |
|
|
341.9190 -321 pips |
345.0583 +7 pips |
345.129 | |
USDMXN |
|
|
18.0044 +4349 pips |
18.4728 -9033 pips |
17.56948 |