U.S. consumer spending increased more than expected | 31 10月 2022

31 10月 2022, USD/JPY

USDJPY trading plan:

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.6% last month, the Commerce Department said on Friday. Data for August was revised higher to show spending increasing 0.6% instead of 0.4% as previously reported. The personal consumption expenditures price index rose 0.3% after a similar gain in August. Year to date it increased 6.2%, matching August's rise. Excluding food and energy components, the PCE price index climbed 0.5% after increasing by the same margin in August. It advanced 5.1% on a year-on-year basis in September after increasing 4.9% in August. The Fed tracks the PCE price indexes for its 2% inflation target. Other inflation measures are running much higher.

Investment idea: buy 147.80 and take profit 148.60.

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus