The ISM Services index rose 2.0 points to 54.1 in December, slightly ahead of the 53.5 consensus was expecting. However, only nine industries out of eighteen reported growth, five fewer than in October and November. Business activity recovered last month, rising 4.5 points to 58.2, more than offsetting last month’s pullback. Conversely, new order growth […]
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Daily Pivots: (S1) 1.0281; (P) 1.0302; (R1) 1.0321; More… EUR/USD recovered after brief breach of 1.0223 support and intraday bias remains neutral. With 1.0457 resistance intact, outlook stay bearish. On the downside, firm break of Read more…
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