Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.
The typical/expected impact on USD pairs is medium.
There is no forecast value for Philadelphia Fed Manufacturing Survey yet - check back for updates.
The most recent announced value for Philadelphia Fed Manufacturing Survey was -5.5 against a forecast of 8.
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 |