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 53.5. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The most recent announced value for ISM Services PMI was 53.8 against a forecast of 53.5.
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 |
|---|---|
| Currency: | USD |
| Source: | Institute for Supply Management |
| Category: | Economic Activity |
| Frequency: | Monthly |