BREAKING: ISM for services grows at the slowest pace in three months, cost pressure persists
Key takeaways ISM services index fell to 54.5 in October, recording its slowest expansion in 3 months. Prices paid sub-index rose to 73.0, signaling persistent inflationary pressure in the US services sector. EURUSD dropped to 1.1236 as strong cost data limited the appetite for dollar sell-offs. The US services sector recorded…