- Chicago Fed's National Activity Index fell more than expected in September.
- US Dollar Index stays in the positive territory near 93.00.
The Federal Reserve Bank of Chicago's National Activity Index (CFNAI) dropped from 1.11 (revised from 0.79) in August to 0.27 in September. This reading came in worse than the market expectation of 0.39.
"The CFNAI Diffusion Index, which is also a three-month moving average, decreased to +0.51 in September from +0.71 in August.
"Fifty of the 85 individual indicators made positive contributions to the CFNAI in September, while 35 made negative contributions."
"Forty indicators improved from August to September, while 45 indicators deteriorated. Of the indicators that improved, 12 made negative contributions."
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.