ISM Services PMI boosts USD

Source: Dukascopy Bank SA


The publication of the US Institute for Supply Management has published the Services sector Purchasing Managers Index survey results. In general, the sector is very optimistic, which is strengthening the value of the US Dollar.

The survey results were expected to show a reading of 51.7 points, instead of the 54.9 points. The lot higher reading indicates that the sector is doing well.

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