Index rises to the highest since Oct 2006.

Green lights across the board except in one important category

NFIB SME index 13 01 2015

NFIB SME index 13 01 2015

The Index showed strength in November but most of the gains were confined to just two categories. The December Index shows much broader strength led by a significant increase in the number of owners who expect higher sales. This could be a breakout for small business. There’s no question that small business owners are feeling better about the economy. If they continue to feel that way 2015 could be a very good year. saidBill Dunkelberg, NFIB Chief Economist

US NFIB business index 13 01 2015

US NFIB business index 13 01 2015

It’s a very positive sentiment index and the dollar is responding. USD/JPY gathers around 15 pips tp 118.60