Richmond Fed Manufacturing Index beat the market expectation by a wide margin. US Dollar Index stays in the positive territory on the daily chart. According to the latest Fifth District Survey of Manufacturing Activity published by the Federal Reserve Bank of Richmond, economic activity in the manufacturing sector of the Fifth District expanded at a strong pace in October with the headline Composite Index rebounding to 8 from -9 in September and beating the market expectation of -14. “Many survey respondents saw growth in employment and wages in October and expected continued growth in the near term,” the publication read. “However, manufacturers still struggled to find workers with the necessary skills in October and expected this difficulty to persist in the coming months.” Supported by this upbeat data, the US Dollar Index is clinging to its daily gains near 97.50. 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 Ethereum technical analysis: ETH/USD tight conditions subject to a potential explosive breakout FX Street 3 years Richmond Fed Manufacturing Index beat the market expectation by a wide margin. US Dollar Index stays in the positive territory on the daily chart. According to the latest Fifth District Survey of Manufacturing Activity published by the Federal Reserve Bank of Richmond, economic activity in the manufacturing sector of the Fifth District expanded at a strong pace in October with the headline Composite Index rebounding to 8 from -9 in September and beating the market expectation of -14. "Many survey respondents saw growth in employment and wages in October and expected continued growth in the near term," the publication read.… 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.
