The Philadelphia Fed manufacturing index report is due for release later today. Economists forecast that manufacturing activity as measured by the index will fall to 7.3 for October. This comes after the index stood at 12.0 in September. The Philly Fed manufacturing index has rebounded sharply after slipping to 0.3 in June. This was the second-lowest reading on the index. It had previously slipped to zero in February this year. Test your strategy on how the USD will fare with Orbex - Open Your Account Now.  The Philly Fed manufacturing index is a regional index from the Philadelphia Federal Reserve Bank. It ... (full story)