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U.S. Philadelphia Fed Manufacturing Index

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U.S. Philadelphia Fed Manufacturing Index

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Latest Release
Feb 15, 2018
Actual
25.8
Forecast
21.1
Previous
22.2
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
Feb 15, 2018 (Feb) 08:30 25.8 21.1 22.2
Jan 18, 2018 (Jan) 08:30 22.2 25.0 27.9
Dec 21, 2017 (Dec) 08:30 26.2 21.5 22.7
Nov 16, 2017 (Nov) 08:30 22.7 25.0 27.9
Oct 19, 2017 (Oct) 07:30 27.9 22.0 23.8
Sep 21, 2017 (Sep) 07:30 23.8 17.2 18.9

News

Stocks- Wall Street Rises as Inflation Worry Disappears
Stocks- Wall Street Rises as Inflation Worry Disappears By Investing.com - Feb 15, 2018

Investing.com – Wall Street rose higher after the morning bell, as investors dismiss inflation fears. The S&P 500 was up 14 points or 0.55% to 2,713.47 as of 9:52 AM ET (14:52 GMT) while ...

Philly Fed Manufacturing Index Rises in February
Philly Fed Manufacturing Index Rises in February By Investing.com - Feb 15, 2018

Investing.com - Manufacturing activity in the Philadelphia area edged up in February, increasing optimism over the health of the economy. The Philadelphia Fed's manufacturing index rose in February,...

Analysis

ORBEX
USD Stays Soft As Market Prices In March Rate Hike By ORBEX - Feb 16, 2018

The USD was seen trading weaker across the board on Thursday. The biggest gains came from the Japanese yen which surged 0.82% on the day. Economic data from the U.S. was mixed. Producer price index ...

Kenny Fisher
Gold Takes Breather After Strong Gains By Kenny Fisher - Feb 16, 2018

Gold prices is trading sideways in the Thursday session, after surging higher on Wednesday. Currently, the spot price for an ounce of gold is $1351.30, up 0.05% on the day. On the release front, PPI ...

Philadelphia Fed Manufacturing Index Discussion

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All Comments (30)
Can LOve
Can LOve Sep 21, 2017 10:55AM GMT
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I believe its going down tell hit 90 zone
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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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