US December ISM services 54.1 vs 53.3 expected

• Prior was 52.1
• Employment 51.4 vs 51.5 prior
• New orders 54.2 vs 53.7 prior
• Prices paid 64.4 vs 58.2 prior
• Business activity 58.2 vs 53.7 prior
• Supplier deliveries __ vs 49.5 prior
• Inventories __ vs 45.9 prior
• Backlog of orders __ vs 47.1 prior
• New export orders __ vs 49.6 prior
• Imports __ vs 53.8 prior
• Inventory sentiment __ vs 54.6 prior

Treasury yields and the US dollar are higher on this, with USD/JPY quickly up 40 pips. The higher prices paid number is a driver but note that JOLTS job openings also jumped.

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