Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The typical/expected impact on USD pairs is high.
The consensus forecast for ISM Services PMI is 53.6. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
(A summary of the historic trading range after each event is not available for ISM Services PMI. Please check the candle charts instead.)
The trading range of EURUSD was pips following the most recent ISM Services PMI.
The most recent announced value for ISM Services PMI was 54.5 against a forecast of 52.5.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next ISM Services PMI result:
Country: | United States |
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Currency: | USD |
Source: | Institute for Supply Management |
Category: | Economic Activity |
Frequency: | Monthly |
The value of ISM Services PMI has been announced.
Forecast | Actual |