US February Philly Fed business outlook 25.8 vs 21.6 expected

Data from the Philadelphia Fed

  • Prior was 22.2
  • New orders 24.5 vs 10.1 prior
  • Shipments 15.5 vs 30.3 prior
  • Employees 25.2 vs 16.8
  • Prices paid 45.0 vs 32.9 prior

Strong report but I don't think too many US dollar bulls will be rushing back into the fray.

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