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Tuesday, July 31, 2018

|>> New Forex Analysis by FX for Dummies July 31, 2018 at 02:54PM :

" 📉 USD Core Personal Consumption Expenditure - Price Index (YoY) /// Act: 1.9% Cons: 2.0% Prev: 2.0% /// Worse than expected /// The Core Personal Consumption Expenditure released by the US Bureau of Economic Analysis is an average amount of money that consumers spend in a month. "Core" excludes seasonally volatile products such as food and energy in order to capture an accurate calculation of the expenditure. It is a significant indicator of inflation. A high reading is bullish for the USD, while a low reading is bearish. "

 

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