Service-sector activity continues to expand

Summary

The ISM services index rebounded to 52.4 in October amid an expansion in current activity and coming demand conditions. Service-providers reported paying higher prices as concerns around tariff-induced cost pressure continues.

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Nov 5, 2025

EUR/USD subdued as strong ISM and ADP data reinforce Fed’s cautious stance

The Euro (EUR) holds firm against the US Dollar (USD) on Wednesday but remains anchored near three-month lows, as the Greenback stays broadly supported by upbeat US economic data.

Fed's Miran: ADP data was a welcome surprise

Federal Reserve Governor Stephen Miran speaks about the Job market and the monetary policy for Yahoo Finance on Wednesday. He said that the ADP data was a welcome surprise and that he sees additional investment demand over time.