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Important Only
The GBP/USD is virtually unchanged in early trading during the North American session, following the release of the Institute for Supply Management (ISM) Services PMI, which showed the economy remains resilient, expanded in May above estimates and the previous month's reading, contrarily to manufacturing activity.

FxstreetJun 5, 2024

GBP/USD Price Analysis: Stays firm after strong US data, bears eye 1.2700

Business activity in the US service sector expanded in May, with the ISM Services PMI recovering to 53.8 from 49.4 in April.

FxstreetJun 5, 2024

US ISM Services PMI rises to 53.8 in May vs. 50.8 expected

United States ISM Services PMI above expectations (50.8) in May: Actual (53.8)

FxstreetJun 5, 2024

United States ISM Services PMI above expectations (50.8) in May: Actual (53.8)

FxstreetJun 5, 2024
United States ISM Services New Orders Index increased to 54.1 in May from previous 52.2
FxstreetJun 5, 2024
United States ISM Services Employment Index up to 47.1 in May from previous 45.9
FxstreetJun 5, 2024
United States ISM Services Prices Paid down to 58.1 in May from previous 59.2
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FxstreetJun 5, 2024
USD/CHF Price Analysis: Finds support below 200-DEMA despite likely SNB’s intervention
FxstreetJun 5, 2024
United States S&P Global Composite PMI above forecasts (54.4) in May: Actual (54.5)
FxstreetJun 5, 2024
United States S&P Global Services PMI meets forecasts (54.8) in May
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Economic Indicator

United States ISM Services New Orders Index increased to 54.1 in May from previous 52.2

United States ISM Services New Orders Index increased to 54.1 in May from previous 52.2
Fxstreet
Jun 5, 2024
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Economic Indicator

United States ISM Services Employment Index up to 47.1 in May from previous 45.9

United States ISM Services Employment Index up to 47.1 in May from previous 45.9
Fxstreet
Jun 5, 2024
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Economic Indicator

United States ISM Services Prices Paid down to 58.1 in May from previous 59.2

United States ISM Services Prices Paid down to 58.1 in May from previous 59.2
Fxstreet
Jun 5, 2024
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Forex

USD/CHF Price Analysis: Finds support below 200-DEMA despite likely SNB’s intervention

The USD/CHF pair finds cushion near the round-level support of 0.8900 in Wednesday’s New York session.
iconUSD/CAD
Fxstreet
Jun 5, 2024
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Economic Indicator

United States S&P Global Composite PMI above forecasts (54.4) in May: Actual (54.5)

United States S&P Global Composite PMI above forecasts (54.4) in May: Actual (54.5)
Fxstreet
Jun 5, 2024
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Economic Indicator

United States S&P Global Services PMI meets forecasts (54.8) in May

United States S&P Global Services PMI meets forecasts (54.8) in May
Fxstreet
Jun 5, 2024
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Economic Indicator

Canada BoC Interest Rate Decision in line with forecasts (4.75%)

Canada BoC Interest Rate Decision in line with forecasts (4.75%)
iconUSD/CAD
Fxstreet
Jun 5, 2024
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Commodities

Silver Price Forecast: XAG/USD steadies below $30 ahead of US ISM Services PMI

Silver price (XAG/USD) fails to find direction and remains sideways below the psychological resistance of $30.00 despite the United States (US) Automatic Data Processing (ADP) has reported weaker-than-expected private payroll data for May.
iconSilver
Fxstreet
Jun 5, 2024
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Forex

USD/JPY rebounds on positive risk sentiment, weak Japanese wage data

USD/JPY bounces off the 50-day Simple Moving Average (SMA) and pumps higher as the US Dollar (USD) continues its resurrection after the recent post-ISM Manufacturing PMI miss sell-off.
iconUSD/JPY
Fxstreet
Jun 5, 2024
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Economic Indicator

Canada Labor Productivity (QoQ) came in at -0.3% below forecasts (0.4%) in 1Q

Canada Labor Productivity (QoQ) came in at -0.3% below forecasts (0.4%) in 1Q
Fxstreet
Jun 5, 2024
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Economic Indicator

US ADP private sector employment increases 152,000 in May vs. 173,000 expected

Private sector employment in the US rose by 152,000 in May and annual pay was up 5%, the Automatic Data Processing (ADP) reported on Wednesday.
Fxstreet
Jun 5, 2024
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Economic Indicator

United States ADP Employment Change came in at 152K, below expectations (173K) in May

United States ADP Employment Change came in at 152K, below expectations (173K) in May
Fxstreet
Jun 5, 2024
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Economic Indicator

Mexico Consumer Confidence s.a down to 46.7 in May from previous 47.3

Mexico Consumer Confidence s.a down to 46.7 in May from previous 47.3
iconUSD/MXN
Fxstreet
Jun 5, 2024
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Economic Indicator

Mexico Consumer Confidence: 46.7 (May) vs previous 47.7

Mexico Consumer Confidence: 46.7 (May) vs previous 47.7
iconUSD/MXN
Fxstreet
Jun 5, 2024
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Forex

Brazil Industrial Output (YoY) came in at 8.4%, above forecasts (8.3%) in April

Brazil Industrial Output (YoY) came in at 8.4%, above forecasts (8.3%) in April
Fxstreet
Jun 5, 2024
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Forex

Brazil Industrial Output (MoM) below forecasts (0.3%) in April: Actual (-0.5%)

Brazil Industrial Output (MoM) below forecasts (0.3%) in April: Actual (-0.5%)
Fxstreet
Jun 5, 2024
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Indices

US Dollar recovers ahead of ADP release

The US Dollar (USD) edges higher for a second day on Wednesday, with the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, still negative in the week after Monday’s meltdown.
Fxstreet
Jun 5, 2024
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