The seasonally adjusted final S&P Global US Services PMI Business Activity Index posted 50.1 in September, down from 50.5 registered in August and bel
“The final S&P Global US Composite PMI Output Index posted 50.2 in September, unchanged from the figure seen in August. The latest data signalled broadly unchanged business activity across the US private sector, despite a return to modest output growth in the manufacturing sector,” the publication revealed. Information on these pages contains forward-looking statements that involve risks and uncertainties.
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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.EUR/USD gained traction and rose above 1.0500 following a quiet Asian session on Wednesday. The data from the US showed that employment in the private sector increased at a much softer pace than expected in September, weighing on the USD and helping the pair edge higher.GBP/USD extended its daily rebound and advanced beyond 1.2150 on Wednesday.
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