January 2018 US ISM non-manufacturing PMI 5 February 2018
- Prior 55.9
- Business activity 59.8 vs 57.2 exp. Prior 57.3
- New orders 62.7 vs 54.3 prior
- Employment 61.6 vs 56.3
- Prices paid 61.9 vs 60.8 prior
A very strong read from the ISM. USDJPY jumps to the next band of resistance up at 110.25. There’s further cheer from respondents to the tax changes.
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