Data Analysis
The release
Released by the Bureau of Economic Analysis on 27 September 2019 at 8:30 AM EDT. The Personal Income and Outlays came in at 0.5% for August 2019, against 0.1% in July 2019. Personal income is rising faster than before.
It arrived at the same moment as Durable Goods Orders, Durable Goods Orders Excluding Transportation, Personal Consumption Expenditures and Core Personal Consumption Expenditures, so the reaction measured on this page belongs to all of them together.
Measured by Clometrix
Ethereum's volatility ratio was 1.07x, against 1.80x for a typical Personal Income release since 2021. Its volume ratio was 0.97x, against a typical 2.15x. Under 1.5x is not a reaction at all: the market barely noticed this release. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.
How Ethereum moved
Ethereum was at $165.85 when the figure came out. Fifteen minutes later it was 0.27% lower, and an hour later unchanged. Its high-to-low range in the hour after was 0.68% of its price, against 1.17% in the hour before.
What made it matter
Since 2021, Personal Income releases in the two weeks before a Fed decision have moved Ethereum about as much as those at other times: a median volatility ratio of 1.86x across 18, against 1.77x across 51. This one came out 14 days before the Federal Reserve's 11 October rate decision. Its own ratio of 1.07x compares with 1.86x for those, so it moved the price less than its circumstances would suggest.
About Personal Income and Outlays
Personal Income measures the change in the total value of income received from all sources by consumers. Income is closely correlated with consumer spending, which accounts for a majority of overall economic activity.
Disclaimer
The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.
ETH-USDT
Ethereum
Open
165.85Close
173.7524h Change
7.90 (4.55%)24h High
176.7224h Low
161.0324h Volume
638,169 ETHUS Personal Income and Outlays
Bureau of Economic Analysis
27th September, 2019, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 165.85 | 165.89 | 165.72 | 165.86 | 0.01% | 0.10% | 203 ETH |
| During | 165.85 | 166.00 | 165.82 | 165.88 | 0.02% | 0.11% | 373 ETH |
| 5 Minutes | |||||||
| Before | 165.88 | 165.94 | 165.70 | 165.86 | -0.01% | 0.14% | 1,156 ETH |
| During | 165.85 | 166.45 | 165.73 | 166.24 | 0.23% | 0.43% | 2,209 ETH |
| 10 Minutes | |||||||
| Before | 165.89 | 166.03 | 165.70 | 165.86 | -0.02% | 0.20% | 2,455 ETH |
| During | 165.85 | 166.45 | 165.60 | 165.67 | -0.11% | 0.51% | 3,579 ETH |
| 15 Minutes | |||||||
| Before | 165.68 | 166.08 | 165.49 | 165.86 | 0.11% | 0.36% | 4,651 ETH |
| During | 165.85 | 166.45 | 165.38 | 165.41 | -0.27% | 0.64% | 4,643 ETH |
| 30 Minutes | |||||||
| Before | 165.40 | 166.08 | 164.99 | 165.86 | 0.28% | 0.66% | 12,383 ETH |
| During | 165.85 | 166.45 | 165.33 | 165.43 | -0.25% | 0.67% | 7,567 ETH |
| 1 Hour | |||||||
| Before | 165.23 | 166.08 | 164.14 | 165.86 | 0.38% | 1.17% | 22,789 ETH |
| During | 165.85 | 166.45 | 165.33 | 165.84 | -0.01% | 0.67% | 13,263 ETH |
| 2 Hours | |||||||
| Before | 166.58 | 166.98 | 164.14 | 165.86 | -0.43% | 1.70% | 44,779 ETH |
| During | 165.85 | 166.94 | 164.59 | 165.38 | -0.28% | 1.41% | 38,722 ETH |
| 4 Hours | |||||||
| Before | 166.84 | 167.05 | 164.14 | 165.86 | -0.59% | 1.74% | 79,660 ETH |
| During | 165.85 | 166.94 | 161.03 | 166.00 | 0.09% | 3.54% | 140,839 ETH |
| 6 Hours | |||||||
| Before | 165.04 | 167.80 | 164.14 | 165.86 | 0.49% | 2.18% | 132,452 ETH |
| During | 165.85 | 168.52 | 161.03 | 167.45 | 0.96% | 4.44% | 195,448 ETH |
| 8 Hours | |||||||
| Before | 165.85 | 167.80 | 163.61 | 166.87 | 0.61% | 2.50% | 149,001 ETH |
| During | 166.84 | 167.05 | 161.03 | 166.00 | -0.51% | 3.60% | 220,499 ETH |
| 12 Hours | |||||||
| Before | 165.85 | 167.80 | 163.61 | 165.86 | 0.01% | 2.50% | 228,660 ETH |
| During | 165.85 | 176.72 | 161.03 | 173.75 | 4.55% | 8.88% | 409,509 ETH |
