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BREAKING: US ISM Non-Manufacturing PMI below expectations

4:03 PM 3 March 2021

The ISM Non-Manufacturing PMI for the US fell to 55.3 in February from 58.7 in the previous month, below analysts’ expectations of 58.7. 

Prices paid 71.8 vs 64.2

New orders 51.9 vs 61.8 prior

Employment 52.7 vs 55.2 prior

EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around the 1.2050 level. Source: xStation5

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