US dollar skids lower after ISM services report misses expectations

The euro is at the highs of the day as part of a broad slump in the US dollar. It’s tempting to attribute this move to some kind of French politics move but it’s broad and comes after the ISM services data miss.

US 10-year yields are now flat at 4.23% compared to a high of 4.28% earlier.

This article was written by Adam Button at www.forexlive.com.