The typical/expected impact on USD pairs is medium.
The consensus forecast for Philadelphia Fed Manufacturing Survey is 8. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The most recent announced value for Philadelphia Fed Manufacturing Survey was 10.3 against a forecast of 3.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Philadelphia Fed Manufacturing Survey result:
Country: | United States |
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Currency: | USD |
Source: | Federal Reserve Bank of Philadelphia |
Category: | Economic Activity |
Frequency: | Monthly |