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.

US ISM Non-manufacturing comments

Ryan Littlestone

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