Data release by Federal Reserve Bank of Philadelphia

How much could you earn on the data on manufacturing activity from the Federal Reserve Bank of Philadelphia?

An example of a successful transaction on the EUR/USD currency pair

With a deposit of $200 and a volume of 0.1 lots, this transaction could bring you more than $80, which is 40% of the total amount of the trading capital.

On Thursday, December 20, the index of manufacturing activity from the Federal Reserve Bank of Philadelphia for December will be published at 15:30 (GMT+2:00).

Let's consider an example (timeframe – M15)
Let’s consider an example (timeframe – M15)

The Philadelphia Fed Manufacturing Index is an important indicator that determines the economic well-being of the manufacturing sector in the Philadelphia area.

This statistic has a significant impact on the dynamics of the American currency.

The last report was rather weak and acted as a driver for further growth of the EUR/USD currency pair.

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The information on this Site is provided for information only and does not constitute, and should not be construed as, investment advice or a recommendation to buy, sell, or otherwise transact in any investment including any products or services or an invitation, offer or solicitation to engage in any investment activity.

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