U.S. Dollar Trading (USD) US stocks were weak yesterday after August ISM Services PMI fell to 49.6 vs. 50.0 forecast. Most of the damage was done however with the USD gaining against most pairs and has so far held onto those gains. Focus has switched from the US FED to the ECB Meeting on Thursday with talk of an ECB bond purchase program to be announced. Looking ahead, Q2 Productivity forecast at 1.8% vs. 1.6% previously.
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