Good news from the US: the services sector is on the move. the ISM Non-Manufacturing PMI jumps to 56.5 points, showing solid growth rather than mediocre growth. The employment component advanced from 49.7 to 52.7 points – rise from slight contraction into growth area. This is a good sign for the jobs report. This rebound could imply a rebound in jobs, so needed after May’s terrible report. The USD is slightly stronger with a 10 pip gain against EUR/USD. USD/JPY makes a bigger move to 101.10.. GBP/USD  struggles at low ground. New orders, the forward looking component, jumped from 54.2 to 59.9 points. Prices paid are stable at 55.5. The ISM Non-Manufacturing Purchasing Managers’ Index was expected to rise to 53.3 points in June from 52.9 in May. The services sector is the largest in the US. The survey and especially  the employment  component both serve as a hint towards Friday’s Non-Farm Payrolls report. Earlier, Markit’s Services PMI  was revised up to 51.4 points, 0.1% above the initial publication by 0.1% below expectations. Ahead of the publication, EUR/USD traded around 1.1080, GBP/USD around 1.2950 and USD/JPY at 100.80. Among commodity currencies, USD/CAD was around 1.3020, AUD/USD at 0.7490 and NZD/USD at 0.7110. All in all, there is a clear “risk off” mood in markets. The ISM Manufacturing PMI slightly surprised to the upside, with the employment component rising above the 50 point mark separating growth and contraction. The survey may have been  influenced by Brexit, the dominating theme in markets in the past two weeks. Tomorrow’s we’ll get  the ADP Non-Farm Payrolls report, yet another hint towards the NFP. A second  significant round of selling has sent GBP/USD below 1.30. However, after the initial slide to 1.2791, we had a recovery and the pair  remains relatively close to this round level. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Under 1.30: what’s next for GBP/USD? Two opinions Yohay Elam 6 years Good news from the US: the services sector is on the move. the ISM Non-Manufacturing PMI jumps to 56.5 points, showing solid growth rather than mediocre growth. The employment component advanced from 49.7 to 52.7 points - rise from slight contraction into growth area. This is a good sign for the jobs report. This rebound could imply a rebound in jobs, so needed after May's terrible report. The USD is slightly stronger with a 10 pip gain against EUR/USD. USD/JPY makes a bigger move to 101.10.. GBP/USD  struggles at low ground. New orders, the forward looking component, jumped from 54.2… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.