Philadelphia Fed Feb non-mftg indices just out 20 Feb
- non-mftg firm-level business activity index 32.1 vs 29.3 prev
- non-mftg new orders index 16.7 vs 21.6 prev
- non-mftg full-time employment index 18 vs -0.4% prev
- wage and benefit cost index 34.1 vs 29.9 prev
Generally firmer data for Feb. Not price moving in its own right but all for the back story.
USDJPY still capped above 107.20 but struggling to retreat too far but GBPUSD back up above 1.4000 with EURGBP on session lows again. No prime movers of note.
