United States Richmond Fed Manufacturing Index
The Richmond Manufacturing Index gauges the sustainability of the manufacturing sector in the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and a large portion of West Virginia. In order to calculate the index, a survey of 190 manufacturing facilities was conducted, and it is based on three distinct indexes with the following weights: Shipments (33%), New Orders (40%), and Employment (27%). The index can have a value between +100 and -100; a value greater than 0 implies expansion, while a value less than 0 indicates contraction.
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 |
|
|
1.0720 -40 pips |
1.0838 -78 pips |
1.07602 | |
| GBPUSD |
|
|
1.2478 -90 pips |
1.2644 -76 pips |
1.25679 | |
| USDJPY |
|
|
147.2554 -656 pips |
153.4581 +35 pips |
153.812 | |
| USDCAD |
|
|
1.3559 -123 pips |
1.3701 -19 pips |
1.36819 | |
| AUDUSD |
|
|
0.6558 -64 pips |
0.6637 -15 pips |
0.66221 | |
| NZDUSD |
|
|
0.5970 -44 pips |
0.6104 -90 pips |
0.60140 | |
| USDCHF |
|
|
0.8899 -155 pips |
0.9109 -55 pips |
0.90539 | |
| USDCZK |
|
|
23.7075 +4386 pips |
0 +232689 pips |
23.26890 | |
| USDHUF |
|
|
356.7433 -519 pips |
366.3243 -439 pips |
361.94 | |
| USDMXN |
|
|
16.9545 -5 pips |
18.7914 -18364 pips |
16.9550 |
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 | 2 days 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 | 2 days 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 | 2 days ago
