According to the Federal Reserve Bank of New York’s latest Nowcasting Report, the US economy is expected to expand by 1.5% in the third quarter of the year. “News from this week’s data releases decreased the nowcast for 2019:Q3 by 0.3 percentage point and decreased the nowcast for 2019:Q4 by 0.5 percentage point,” the NY Fed said in its publication. “Negative surprises from the ISM manufacturing survey drove the decrease.” As markets are waiting for FOMC chairman Powell to deliver his remarks on the policy outlook and the current state of the economy, the US Dollar Index pays no attention to this publication and stays in the negative territory below 98.30. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY technical analysis: Greenback loses the 107.00 figure against Yen after NFP FX Street 4 years According to the Federal Reserve Bank of New York's latest Nowcasting Report, the US economy is expected to expand by 1.5% in the third quarter of the year. "News from this week's data releases decreased the nowcast for 2019:Q3 by 0.3 percentage point and decreased the nowcast for 2019:Q4 by 0.5 percentage point," the NY Fed said in its publication. "Negative surprises from the ISM manufacturing survey drove the decrease." As markets are waiting for FOMC chairman Powell to deliver his remarks on the policy outlook and the current state of the economy, the US Dollar Index pays no attention… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
