The typical/expected impact on USD pairs is medium.
The consensus forecast for NY Empire State Manufacturing Index is 1. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.
The most recent announced value for NY Empire State Manufacturing Index was -3.9 against a forecast of 10.6.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next NY Empire State Manufacturing Index result:
| Country: | United States |
|---|---|
| Currency: | USD |
| Source: | Federal Reserve Bank of New York |
| Category: | Economic Activity |
| Frequency: | Monthly |