ISM Report on the service sector in October was worse than expected, while, at the time as a disappointment to investors was the loss of the composite PMI index to 50.9 to 50.6 points (expected to increase to 51.5), an unfavorable impression of them also produced a fall in the index of employment 44.3 to 41.1 points. However, there has been increasing the index of new orders from 54.2 to 55.6 points, while from 48.8 to 53.0 increased the price index and the index of business activity showed a slight improvement, rising from 55.1 to 55.2 points. The initial reaction of the euro / dollar, tested in the run-up in the Offer record $ 1.4820, was reduced, but about $ 1.4800 shoppers to re-energize. To date, the couple renewed session highs and gnaw at Ofer in the area of $ 1.4845/60, which, according to dealers, in the short term, may limit the growth of the euro, given the reluctance of market participants to take aggressive action in anticipation of meeting FOMC. However, signals that the Committee's views on the rates remain unchanged, can support bears on the dollar, and dealers report that market rumors about the stop loss above $ 1.4870.
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