Healthy Jobs and Income US Data Helps USD, But Not S&P500

American households increased spending by 0.2% in February, compared with a 0.5% rise in income. But this data only looks optimistic at first glance. Americans saved 6.3% of disposable income compared to 6.1% in January. In other words, we are seeing a stabilisation at levels that last occurred 12 years ago. The decline in the […]

The post Healthy Jobs and Income US Data Helps USD, But Not S&P500 appeared first on Action Forex.