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ISM-New York strengthens to 62.4

FXStreet (London) - The Institute for Supply Management – New York reported that current business conditions rose to 62.4 in November, up from 54.8.

The ISM reported that the business conditions outlook fell to 70.5 from 71.9 last month.

The employment index fell to 48.4, down from 64.4 in October.

USD/JPY creates a new multiyear high at 119.27 – FXStreet

Valeria Bednarik, Chief Analyst at FXStreet, notes that the USD/JPY pair climbed to a fresh multiyear high of 119.27 alongside the surging Nikkei.
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United States Construction Spending (MoM) registered at 1.1% above expectations (0.6%) in October

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