US July Philadelphia Fed manufacturing index 25.7 vs 21.5 expected

US July 2018 Philly Fed indices on 19.07.2018

• prior 19.9
• Business conditions 29.0vs 34.8 prior
• Employment index16.8 vs 30.4 prior
• CAPEX index 31.4vs 36.5 prior
• New orders 31.4vs 17.9 prior
• Prices paid 62.9 vs 51.8 prior

Primarily new orders and prices paid in charge of the higher data but the employment index comes off.
Nevertheless the market has decided this is a USD day. The buck goes to new highs on the day

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

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