The US economy is not growing too fast. The largest sector, services, has seen a slowdown in May with 55.7 points, below 57 expected. The drop includes a slide in the employment component from 56.7 to 55.3 points, and this could lower the expectations for Friday’s NFP. It is the lowest in more than a year.
The US dollar is falling.
Read the rest of the article ISM Non-Manufacturing PMI: 55.7 – USD extends falls