NY Empire State Manufacturing Index fell more than expected in December. US Dollar Index stays in the negative territory below 90.70 after the data. The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey fell to 4.9 in December from 6.3 in November, the NY Fed’s report revealed on Tuesday. This reading missed analysts’ estimate of 6.9. Further details of the publication revealed that the New Orders Index edged lower to 3.4 from 3.7, the Prices Paid Index jumped to 37.1 from 29.1 and the Employment Index improved to 14.2 from 9.4. Finally, the Six-month Business Conditions Index rose to 36.3 from 33.9. Market reaction The greenback showed no immediate reaction to this report and the US Dollar Index was last seen posting small daily losses at 90.65. 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 EUR/USD to slide towards 1.20 on a break below 1.2110 FX Street 2 years NY Empire State Manufacturing Index fell more than expected in December. US Dollar Index stays in the negative territory below 90.70 after the data. The headline General Business Conditions Index of the NY Fed's Empire State Manufacturing Survey fell to 4.9 in December from 6.3 in November, the NY Fed's report revealed on Tuesday. This reading missed analysts' estimate of 6.9. Further details of the publication revealed that the New Orders Index edged lower to 3.4 from 3.7, the Prices Paid Index jumped to 37.1 from 29.1 and the Employment Index improved to 14.2 from 9.4. Finally, the Six-month Business Conditions Index… 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.
