16:02 · 5 December 2023

BREAKING: USD drops after ISM and JOLTS data

EUR/USD
Forex
-
-
US500
Indices
-
-

Two closely watch US reports were released today at 3:00 pm GMT - ISM services index for November as well as JOLTS report on jobs openings for October. ISM index was expected to improve slightly compared to October, while JOLTS reports was expected to show a decrease in job openings in October. 

Actual data showed higher-than-expected ISM reading, with New Orders and Prices Paid subindices driving the beat. Employment subindex missed expectations but still increased compared to October's data. JOLTS data turned out to be a big surprise with number of job openings slumping from 9.55 to 8.73 million.

  • ISM services (November): 52.7 vs 52.0 expected (51.8 previously)
    • New orders: 55.5 vs 54.9 expected (55.5 previously)
    • Employment: 50.7 vs 51.4 expected (50.2 previously)
    • Prices Paid: 58.3 vs 58.0 expected (58.6 previously)
  • JOLTS report (October): 8.733 million vs 9.3 million expected (9.55 million previously)

USD dropped following the release with EURUSD jumping around 0.2%, from 1.0810 to 1.0830. Precious metals caught a bid amid USD weakening with GOLD climbing back above $2,020 per ounce. Equity indices also moved higher.

Source: xStation5

17 October 2025, 19:03

Daily summary: Trump remarks helps Wall Street 📈Precious metals decline

17 October 2025, 17:37

Fed's Musalem remarks on the US economy and tariffs🗽

17 October 2025, 12:37

The AI Fever: Bubble or Will It Keep Rising?

17 October 2025, 10:01

BREAKING: Final inflation reading matches expectations. Core HICP inflation marginally higher

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Join over 1.7 Million investors from around the world