USD Fundamental Analysis

 

 

   

USD's current outlook score of 50 shows that the long-term outlook is neutral; traders with a long-term trading timeline will probably be very sensitive to the day-to-day news, thus the long-term trend will probably change based on breaking news.

The latest 10 economic indicators released out of United States have added -1 to the total Fundamental Outlook score of USD. This represents a moderate pace of decline in recent months. More specifically, the most recent economic release with the greatest impact for USD was the US Core CPI m/m, which took place on April 14, 2017 at 12:30pm GMT. The Deviation for the US Core CPI m/m is 0.2% and the Forecast at the time was 0.2%. The actual figure came in at -0.1%, which was a negative surprise for USD.


Although the current score for USD is 50, please understand that this merely reflects the long-term view based on official economic data out of United States. This outlook score does not account for market sentiment, namely risk appetite or risk aversion, order flows, or any breaking news that has the potential of changing the short-term market trend.


Fundamental Outlook Score is meant to be used as a direction confirmation tool, the idea behind this indicator is the sum of the effects of market sentiments into an easy to understand format. The proper use of this tool is to pre-qualify your trade. In the case of USD, which has a neutral score, your bias would be to stay away from it for the time being until a clear trend emerges. This DOES NOT MEAN you should trade in the direction of the score blindly, but use it to filter out other trading signals that may tell you to go in the opposite direction... I believe ultimately the market will follow the fundamentals, and that's the key to Fundamental Outlook Score. Click here for more information and detailed explanation on Fundamental Forex Outlook.


Recent Economic Indicators And Impact Score For United States

  Date Event Description Forecast Actual Score

US Core CPI m/m
  Date Actual Forecast Score
2017-05-12 0.1% 0.2%
2017-04-14 -0.1% 0.2% -1
2017-03-15 0.2% 0.2%
2017-02-15 0.3% 0.2%
2017-01-18 0.2% 0.2%
2016-12-15 0.2% 0.2%
more...
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