The ISM Non-Manufacturing PMI for the US fell to 60.1 in June from 64.0 in the previous month, well below analysts’ expectations of 63.5.
- activity/production 60.1 versus 66.2 last month
- employment 49.3 from 55.3 last month
- new orders 62.1 from 63.9 last month
- prices paid 79.5 from 80.6 last month
EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.1840 level. Source: xStation5