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 -12.8 against a forecast of 10.
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 |
|---|---|
| Currency: | USD |
| Source: | Federal Reserve Bank of Philadelphia |
| Category: | Economic Activity |
| Frequency: | Monthly |