January 2018 US ISM manufacturing PMI 1 February 2018

  • Prior 59.7
  • Prices paid 72.7 vs 68.0 exp. Prior 69.0
  • Employment 54.2 vs 57.0 exp. Prior 57.0
  • New orders 65.4 vs 69.4 prior

3 guesses which component gets the attention here?

Overall the comments are very positive and the US manufacturing machine looks on sound footing going into 2018. The dollar has modestly risen.USD JPY trades to 109.55 from 109.40. EURUSD dropped around 12 pips to 1.2430.

US ISM manufacturing details

US ISM manufacturing details

 

Ryan Littlestone

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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