According to the Federal Reserve Bank of New York’s latest Nowcasting Report published on Friday, the United States’ (US) economy is expected to expand by 0.7% in the last quarter of the year, compared to the previous week’s estimate of 0.4%. “News from this week’s data releases increased the nowcast for 2019:Q4 by 0.3 percentage point,” the NY Fed said in its press release. “Positive surprises from housing data drove most of the increase.” Markets largely ignored this publication and the US Dollar Index was last up 0.28% on a daily basis at 98.23. 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 GBP/USD to remain rangebound with expectations firmly around a Conservative win – ING FX Street 3 years According to the Federal Reserve Bank of New York's latest Nowcasting Report published on Friday, the United States' (US) economy is expected to expand by 0.7% in the last quarter of the year, compared to the previous week's estimate of 0.4%. "News from this week's data releases increased the nowcast for 2019:Q4 by 0.3 percentage point," the NY Fed said in its press release. "Positive surprises from housing data drove most of the increase." Markets largely ignored this publication and the US Dollar Index was last up 0.28% on a daily basis at 98.23. 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.
