Back

US: Chicago Fed National Activity Index stays unchanged at 0.1 in September

  • Chicago Fed's National Activity Index stayed unchanged in September.
  • US Dollar Index stays in positive territory above 112.00.

The Federal Reserve Bank of Chicago's National Activity Index (CFNAI) stayed unchanged at 0.1 in September. This reading came in slightly better than the market expectation of -0.04.

"The CFNAI Diffusion Index, which is also a three-month moving average, increased to +0.35 in September from +0.16 in August," the publication read.

According to the Chicago Fed, a zero value for the CFNAI is associated with the national economy expanding at its historical trend (average) rate of growth.

Market reaction

This report doesn't seem to be having a significant impact on the dollar's performance against its rivals. As of writing, the US Dollar Index was up 0.4% on the day at 112.30.

EUR/USD Price Analysis: Decent contention appears around 0.9700

EUR/USD corrects lower and approaches 0.9800 after two consecutive daily advances at the beginning of the week. In case losses accelerate, the pair sh
อ่านเพิ่มเติม Previous

When are the S&P Global's flash US PMIs and how could the data affect EUR/USD?

S&P Global will release the flash version of the US Manufacturing and Services PMIs at 13:45 GMT this Monday. The gauge for manufacturing is expected
อ่านเพิ่มเติม Next