March 2018 US Philly Fed business outlook index 15 March 2018

  • Prior 25.8
  • Employment 25.6 vs 25.2 prior
  • New orders 35.7 vs 24.5 prior
  • Prices paid 42.6 vs 45.0 prior
  • Capex 35.9 vs 40.4 prior
  • 6m expectations 47.9 vs 41.2 prior

Good numbers all round but only a small reaction in USD. USDJPY ticked up a few pips to 106.08, EURUSD took a new low at 1.2338 from 1.2350.

Ryan Littlestone
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