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 |
|
|
1.1241 -442 pips |
1.1588 +95 pips |
1.16833 | |
| GBPUSD |
|
|
1.3110 -366 pips |
1.3510 -34 pips |
1.34758 | |
| USDJPY |
|
|
143.9790 -300 pips |
149.2122 -223 pips |
146.981 | |
| USDCAD |
|
|
1.3702 -44 pips |
1.3893 -147 pips |
1.37462 | |
| AUDUSD |
|
|
0.6450 -89 pips |
0.6598 -59 pips |
0.65392 | |
| NZDUSD |
|
|
0.5850 -47 pips |
0.5993 -96 pips |
0.58970 | |
| USDCHF |
|
|
0.8091 +83 pips |
0.8388 -380 pips |
0.80084 | |
| USDCZK |
|
|
21.8266 +8977 pips |
22.1779 -12490 pips |
20.92887 | |
| USDHUF |
|
|
355.9639 +1658 pips |
356.8197 -1744 pips |
339.38 | |
| USDMXN |
|
|
18.2729 -3776 pips |
19.3168 -6663 pips |
18.6505 |
News (USD)
Chicago Business Barometer Slumps Much More Than Expected In August
MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 12 minutes ago
U.S. Consumer Prices Increase In Line With Estimates In July
Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 55 minutes ago
U.S. PCE Price Index Increased In Line With Estimates In July
Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.
RTTNews | 1h 38min ago
