US ISM Manufacturing

Fx News Spike Signals by Crazy Cat, 2020/04/01

Release Time: 10:00 New York time (EST)
Primary currency pair: USD/JPY
Forecast: 44.5
Prior: 50.1
Safety: 9

Normally, a positive deviation would be good for the US dollar (buy USD/JPY), and a negative deviation would be bad for the US dollar (sell USD/JPY) but given this unprecedented situation with the Coronavirus, I elect not to make any trigger recommendations this month.

Based on 71 estimates, median estimate is 44.5 and the average estimate is 44.0. The highest estimate is 48.5 (one estimate), then 48.0 (one estimate), 47.8 (one vote), then 47.5 (two votes), 47.0 (five estimates), 46.5 (three votes), 46.3 (one vote), 46.0 (seven votes), 45.5 (two votess), 45.3 (one vote), 45.0 (11 votes), 44.5 (one vote), 44.2 (one estimate), 44.0 (six votes), 43.5 (three votes), 43.4 (one vote), 43.3 (two votes), 43.0 (five estimates), 42.6 (one vote), 42.0 (two votes), 41.0 (five votes), 40.2 (one vote), 40.0 (three votes), 39.0 (one vote), 38.0 (two votes), 37.2 (one vote), and finally 35.0 (one estimate). One standard deviation is +/- 2.75.

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