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United States Wholesale Inventories MoM
The inventory of unsold items retained by wholesalers is referred to as The Wholesale Inventories. Gross domestic product (GDP) variations are heavily influenced by changes in inventories. A high inventory level indicates a slowdown in the economy in the United States, whilst a low reading indicates a stronger growth.
A higher than expected figure should be seen as negative (bearish) for the USD while a lower than expected figure should be seen as positive (bullish) 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 |
|
|
1.1233 -487 pips |
1.1607 +113 pips |
1.17197 | |
| GBPUSD |
|
|
1.3063 -532 pips |
1.3584 +11 pips |
1.35949 | |
| USDJPY |
|
|
143.8617 -244 pips |
148.4364 -214 pips |
146.299 | |
| USDCAD |
|
|
1.3645 -48 pips |
1.3924 -231 pips |
1.36926 | |
| AUDUSD |
|
|
0.6402 -139 pips |
0.6599 -58 pips |
0.65410 | |
| NZDUSD |
|
|
0.5902 -102 pips |
0.6070 -66 pips |
0.60040 | |
| USDCHF |
|
|
0.8061 +115 pips |
0.8338 -392 pips |
0.79462 | |
| USDCZK |
|
|
21.8492 +8384 pips |
22.8261 -18153 pips |
21.01080 | |
| USDHUF |
|
|
355.9767 +1509 pips |
361.0600 -2017 pips |
340.89 | |
| USDMXN |
|
|
18.1566 -4668 pips |
19.3056 -6822 pips |
18.6234 |
News (USD)
Fed Minutes Reveal Mixed Views About Outlook For Interest Rates
The Federal Reserve on Wednesday released the minutes of its June monetary policy meeting, which revealed most participants generally agree the central bank is well positioned to wait for more clarity on the outlook for inflation and the economy before adjusting interest rates.
RTTNews | 58 minutes ago
U.S. Wholesale Inventories Dip In Line With Estimates In May
A report released by the Commerce Department on Wednesday showed a modest decrease by wholesale inventories in the U.S. in the month of May. The Commerce Department said wholesale inventories fell by 0.3 percent in May after inching up by 0.1 percent in April. The pullback by inventories matched economist expectations as well as the flash estimate.
RTTNews | 5h 4min ago
American Households' Inflation Expectations Steady; More Optimism On Finances: NY Fed Survey
U.S. households' inflation expectations were largely unchanged in June and they were more optimistic regarding their financial situation and access to credit in the year-ahead, results of a survey by the Federal Reserve Bank of New York showed on Tuesday.
RTTNews | 22h 19min ago
