BREAKING: Services ISM data from US below expectations; EURUSD gains

3:01 PM 5 August 2025

03:00 PM BST, United States - ISM Data for July:

ISM Services 50.1, Exp. 51.5
ISM Prices Paid 69.9, Exp. 66.5
ISM Employment 46.4, Last 47.2
ISM New Orders 50.3, Last 51.3

The ISM data is mixed, as despite a decline in the headline ISM index, the price subindex rose higher than expected, putting the Fed on a more uncertain path ahead of any interest rate adjustments. This is why the pair's early gains were quickly halted.

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Source: xStation

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