The economic activity in Texas’ manufacturing sector recovered in November with the General Business Activity Index rising to -1.3 from -5.1 in October, the Federal Reserve Bank of Dallas’ latest Texas Manufacturing Outlook Survey revealed. Although this reading came in better than the market expectation of -11.3, the US Dollar Index failed to capitalize on it and was last seen flat on the day at 98.27. “Perceptions of broader business conditions worsened slightly in November. The general business activity index remained negative but moved up from -5.1 to -1.3,” the publication read. “The company outlook index fell 11 points to -2.1. Both indexes have oscillated between positive (expansionary) and negative (contractionary) territory this year, with the latest barely-negative readings suggesting modest contraction.” “The index measuring uncertainty regarding companies’ outlooks moved up to 17.1, a reading well above average,” the Dallas Fed added. 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 AUD/USD Technical Analysis: Aussie under pressure challenging November lows, sub-0.6800 handle FX Street 3 years The economic activity in Texas' manufacturing sector recovered in November with the General Business Activity Index rising to -1.3 from -5.1 in October, the Federal Reserve Bank of Dallas' latest Texas Manufacturing Outlook Survey revealed. Although this reading came in better than the market expectation of -11.3, the US Dollar Index failed to capitalize on it and was last seen flat on the day at 98.27. "Perceptions of broader business conditions worsened slightly in November. The general business activity index remained negative but moved up from -5.1 to -1.3," the publication read. "The company outlook index fell 11 points to… 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.
