The typical/expected market impact of this event is low.
The consensus forecast for Richmond Fed Manufacturing Index is -7. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The most recent announced value for Richmond Fed Manufacturing Index was -9 against a forecast of -9.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Richmond Fed Manufacturing Index result:
Country: | United States |
---|---|
Currency: | USD |
Source: | Federal Reserve Bank of Richmond |
Category: | Economic Activity |
Frequency: | Monthly |