Personal Income in US rose more than expected in December. Personal Spending contracted at a softer pace than anticipated. Personal Income in the United States increased by 0.6% in December, the data published by the US Bureau of Economic Analysis showed on Friday. This reading followed November’s contraction of 1.7% (revised from 1.1%) and beat the market expectation of +0.1%. Further details of the publication revealed that Personal Spending decreased by 0.2% in the same period, which was slightly better than analysts’ estimate for a fall of 0.4%. Market reaction The US Dollar Index is edging slightly lower following the US data releases and was last seen losing 0.05% at 90.40. 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/JPY Price Analysis: Immediately above aligns the 2021 highs FX Street 1 year Personal Income in US rose more than expected in December. Personal Spending contracted at a softer pace than anticipated. Personal Income in the United States increased by 0.6% in December, the data published by the US Bureau of Economic Analysis showed on Friday. This reading followed November's contraction of 1.7% (revised from 1.1%) and beat the market expectation of +0.1%. Further details of the publication revealed that Personal Spending decreased by 0.2% in the same period, which was slightly better than analysts' estimate for a fall of 0.4%. Market reaction The US Dollar Index is edging slightly lower following the… 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.
