Richmond Fed Manufacturing Index came in higher than expected in March. US Dollar Index extends the daily rally after the data. The activity in the Federal Reserve’s Fifth District’s manufacturing sector expanded at a stronger pace in March than it did in February with the Composite Index of the Richmond Fed’s Survey of Manufacturing Activity rising to 17 from 14. This reading came in better than the market expectation of 14 as well. Further details of the publication revealed that the New Orders Index remained unchanged at 10 while the Prices Paid Index edged higher to 6.15 from 4.47. Market reaction The US Dollar Index preserves its bullish momentum in the early American session and was last seen gaining 0.56% on the day at 92.26. 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 Fed’s Bostic: Will be easier to read inflation once stimulus flow through economy FX Street 9 months Richmond Fed Manufacturing Index came in higher than expected in March. US Dollar Index extends the daily rally after the data. The activity in the Federal Reserve's Fifth District's manufacturing sector expanded at a stronger pace in March than it did in February with the Composite Index of the Richmond Fed's Survey of Manufacturing Activity rising to 17 from 14. This reading came in better than the market expectation of 14 as well. Further details of the publication revealed that the New Orders Index remained unchanged at 10 while the Prices Paid Index edged higher to 6.15 from 4.47. Market… Top 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.
