• Prior 12.51
  • New orders -0.21 vs 10.98 in Jan
  • Employment 11.25 vs 12.20 prior
  • Prices paid 25.0 vs 38.99 prior
  • 6 mth business conditions 38.99 vs 37.51 prior

Another manufacturing data point from the states takes a tumble and this is one of the earliest manufacturing indicators for the month so it may not bode well for the rest. I’m assuming weather is going to come into play somewhere in the numbers.

US Empire state manufacturing index 18 02 2014

The dollar loses some ground across the board with USD/JPY falling to 102.36, EUR/USD up to 1.3749, GBP/USD 1.6708