Online source for the latest forex and trading news. Stay informed with up-to-date market trends, expert analysis, and insightful articles to help you make smart trading decisions

Monday, July 6, 2026

US Services Growth Remains Solid in June | Forex News

Stay updated with the latest developments in the forex market. Here's the most recent news from RobotFX.

Image for US Services Growth Remains Solid in June

The ISM Services PMI in the US edged down to 54.0 in June 2026 from 54.5 in May, aligning with market expectations. While the index points to ongoing solid growth in the services sector, the expansion has moderated, reflecting slower gains in both business activity (55.4 vs. 57.7 in May) and new orders (55.1 vs. 57.3). In contrast, the employment index registered its strongest monthly increase since 2024, rising to 51.2 from 47.9 and signaling the first expansion in payrolls since February. Price pressures also eased, with the prices index slipping to a four-month low of 67.7 from 71.3. Despite lingering concerns about inflation—particularly in connection with the conflict in the Middle East—survey respondents reported that overall business conditions remain firm.


The material has been provided by - RobotFX.Org

Unique stair-step trend trading with the Stairsteps Expert Advisor. Innovative approach for consistent results. Learn more.

Stay informed and trade smarter with RobotFX products. Discover more at robotfx.org.

No comments: