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NEWS: US dollar stalls as the employment component of ISM services falls June 03, 2021 at 03:14PM


All eyes on employment
The numbers today emphasized just how important non-farm payrolls are tomorrow. The turn we’re seeing in markets is all about the employment component of ISM services. It’s often a better predictor of the jobs report than ADP. It fell to 55.3 from 58.8 in April.

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