US Dollar Falls as Weak Services PMI Data Boosts Case for Fed Pause
ISM SERVICES KEY POINTS: U.S. ISM Services PMI falls to 50.3 in May from 51.9 previously, well below expectations The new orders index declines sharply, the employment indicator dives into contraction territory The U.S. dollar, as measured by the DXY index, slides and erases session gains following disappointing U.S. economic data Recommended by Diego Colman …
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