BREAKING: US Services ISM rises unexpectedly

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