Annual core PCE Price Index fell more than expected in April. US Dollar Index stays deep in the negative territory near 98. The Personal Consumption Expenditures (PCE) Price Index declined to -0.5% on a monthly basis in April from -0.2%, the US Bureau of Economic Analysis reported on Friday. On a yearly basis, the PCE Price Index slumped to 0.5% from 1.3%. Further details of the publication revealed that the annual core PCE Price Index, the Federal Reserve’s preferred gauge of information, dropped to 1% and came in slightly lower than the market expectation of 1.1%. Market reaction The US Dollar Index largely ignored these figures and was last seen down 0.45% on the day at 98.02. 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/CAD hangs near 2-1/2-month lows post-US/Canadian data, focus remains on Trump FX Street 3 years Annual core PCE Price Index fell more than expected in April. US Dollar Index stays deep in the negative territory near 98. The Personal Consumption Expenditures (PCE) Price Index declined to -0.5% on a monthly basis in April from -0.2%, the US Bureau of Economic Analysis reported on Friday. On a yearly basis, the PCE Price Index slumped to 0.5% from 1.3%. Further details of the publication revealed that the annual core PCE Price Index, the Federal Reserve's preferred gauge of information, dropped to 1% and came in slightly lower than the market expectation of 1.1%. Market reaction The US Dollar… 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.
