XAUUSD: 407 pips price movement by USD - Core PCE Price Index news event
by
, 06-01-2015 at 06:07 PM (1458 Views)
2015-06-01 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Core PCE Price Index]
- past data is 0.1%
- forecast data is 0.2%
- actual data is 0.1% according to the latest press release
if actual > forecast (or previous data) = good for currency (for USD in our case)
[USD - Core PCE Price Index] = Change in the price of goods and services purchased by consumers, excluding food and energy.
==========
"Personal income increased $59.4 billion, or 0.4 percent, and disposable personal income (DPI) increased $48.8 billion, or 0.4 percent, in April, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased $2.6 billion, or less than 0.1 percent. In March, personal income increased $4.0 billion, or less than 0.1 percent, DPI increased $0.5 billion, or less than 0.1 percent, and PCE increased $65.6 billion, or 0.5 percent, based on revised estimates.
Real DPI increased 0.3 percent in April, in contrast to a decrease of 0.2 percent in March. Real PCE decreased less than 0.1 percent, in contrast to an increase of 0.4 percent."
==========
XAUUSD: 407 pips price movement by USD - Core PCE Price Index news event :