BREAKING: US Services ISM rises unexpectedly

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The ISM Services PMI for the US jumped to 61.90 in September from 61.7 in the previous month, beating analysts’ expectations of 61.3. Today's reading pointed to a robust growth in the services sector, although the ongoing challenges with labor resources, logistics, and materials are affecting the continuity of supply.

Employment 53.0 vs 53.7 prior
New orders 63.5 vs 63.2 prior
Prices paid 77.5 vs 75.4 prior
Business activity 62.3 vs 60.1 prior
Backlog of orders 61.9 vs 61.3 prior
New export orders 59.5 vs 60.6 prior
Imports 47.7 vs 48.7 prior
Inventories 46.1 vs 46.9 prior

EURUSD fell below 1.1600 level after today's data releases and is heading towards next support at 1.1564. Source:xStation5

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