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U.S. Philadelphia Fed Manufacturing Index

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U.S. Philadelphia Fed Manufacturing Index

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Status

 
Latest Release
Aug 17, 2017
Actual
18.9
Forecast
18.5
Previous
19.5
The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
Importance:
Country:
Currency: USD
Source: Federal Reserve Bank of Philad...
U.S. Philadelphia Fed Manufacturing Index
 
Release Date Time Actual Forecast Previous
Aug 17, 2017 (Aug) 08:30 18.9 18.5 19.5
Jul 20, 2017 (Jul) 08:30 19.5 24.0 27.6
Jun 15, 2017 (Jun) 08:30 27.6 24.0 38.8
May 18, 2017 (May) 08:30 38.8 19.5 22.0
Apr 20, 2017 (Apr) 08:30 22.0 25.0 32.8
Mar 16, 2017 (Mar) 08:30 32.8 30.0 43.3

News

Dow sheds 270 points as political drama grips Wall Street
Dow sheds 270 points as political drama grips Wall Street By Investing.com - Aug 17, 2017

Investing.com – U.S. stocks closed lower on Thursday, as the recent controversies engulfing U.S. President Donald Trump raised concerns that his pro-growth policies could be delayed, offsetting ...

Gold eyes $1,300 as rate-hike expectations cool
Gold eyes $1,300 as rate-hike expectations cool By Investing.com - Aug 17, 2017

Investing.com – Gold prices traded near session highs on Thursday after the minutes of the Federal Reserve’s July meeting showed members were concerned about raising interest rates amid a ...

Analysis

Kathy Lien
More Trouble Ahead For The Dollar And Yen By Kathy Lien - Aug 18, 2017 4

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The single-most important theme in the financial markets this past week was risk aversion. The Dow Jones Industrial Average ...

JustForex
Currency Majors Show Trend Varieties By JustForex - Aug 18, 2017

Yesterday's trades were quite active. Political rows have once again put pressure on the American currency. There are rumors that the head of the National Economic Council Gary Cohn intends to resign....

Philadelphia Fed Manufacturing Index Discussion

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All Comments (29)
Suriya Puikame
Suriya Puikame Feb 19, 2015 11:18AM GMT
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Eur/Usd up or down ?
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Prince Tutu Akowuah
Prince Tutu Akowuah Jan 15, 2015 7:30AM GMT
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is gold up?
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Hilman Rasyid
Hilman Rasyid Dec 18, 2014 1:54PM GMT
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I think GOLD will go up and GBPUSD go up
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aziz ahmed
aziz ahmed Dec 18, 2014 8:02AM GMT
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friends plz tell me USD will go UP or DOWN?.
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Muhammad Zahoor Akhtar
Muhammad Zahoor Akhtar Aug 21, 2014 10:58AM GMT
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Gold up and EURUSD GBPUSD up
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Shareef Epirahs
Shareef Epirahs Aug 21, 2014 11:18AM GMT
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Lets' see.. how it goes...
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Pedro Henriques
Pedro Henriques Sep 17, 2014 11:57PM GMT
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Lets consider also the referendum tomorrow regarding Scotland Idependence Vote, GBPUSD could tumble if the majority votes for Scotland's Idependence.
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imrul naeem
imrul naeem Oct 16, 2014 6:28AM GMT
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how you know?
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Jim Lapps
Jim Lapps Nov 20, 2014 4:25PM GMT
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USD is still strong here , till we see a sharp drop Gold is going NO PLACE !. funny how a few years ago gold was trading along with the dollar.
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Jim Lapps
Jim Lapps Nov 20, 2014 4:26PM GMT
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gold not yet trading along with the dollar!. till this happens I see gold going no place here.
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Tihomir Dzhumaliev
Tihomir Dzhumaliev Aug 21, 2014 9:24AM GMT
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I hope it will stark weaken. It did a very long strong shot and if the data is negative I would expect correction on GBPUSD and EURUSD which have been going down for several weeks already
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Shareef Epirahs
Shareef Epirahs Aug 21, 2014 8:53AM GMT
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What will happen to USD?.
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ragip baysal
ragip baysal Jul 17, 2014 2:26PM GMT
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perfect numbers 3 months in a row but the effect was a big 0 every month ,why listed as high volatility expected have no idea
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Rahul Sutariya
Rahul Sutariya Jul 17, 2014 5:22AM GMT
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18.5
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Okshan Hyuseinov
Okshan Hyuseinov Jul 17, 2014 12:35PM GMT
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I hope so ,do trades for strong dollar these days , can i know why is that big difrence between eur/usd ,gbp/usd are the going to scale again ?.
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mohamed belkacemi
mohamed belkacemi Jun 19, 2014 1:46PM GMT
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usd is going down 50 pips today or tomorrow max
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