Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The most recent announced value for Employment Cost Index was 1.2% against a forecast of 1%.
Recent economic data has been moderately bearish for USD. Other recent announcements which may affect the market's interpretation of the next Employment Cost Index result:
Country: | United States |
---|---|
Currency: | USD |
Source: | US Bureau of Labor Statistics |
Category: | Labor Market |
Frequency: | Quarterly |