The typical/expected market impact of this event is low.
The consensus forecast for Richmond Fed Manufacturing Index is -4. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The most recent announced value for Richmond Fed Manufacturing Index was 0 against a forecast of -5.
Recent economic data has been strongly bullish 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 |