US FX WRAP: Dollar slightly firmer after strong ISM Services reading
The stronger-than-expected ISM Services reading points to robust activity in the services sector, which could bolster the U.S.
BEA to use the average of September and November CPI to calculate October PCE price data
Regional officials say Russian strikes trigger widespread power and water supply cuts in Dnipropetrovsk and Zaporizhzhia regions
US FX WRAP: Dollar slightly firmer after strong ISM Services reading
White House is withdrawing its nomination of Ryan Baasch to be FTC commissioner; Baasch to become deputy director of the White House NEC instead
TREASURY WRAP: T-NOTE FUTURES (H6) SETTLE 8 TICKS HIGHER AT 112-18+
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dollar as it may influence perceptions of growth and potentially prompt adjustments in rate expectations. Traders should monitor the implications for future Fed policy, as sustained strength in services could apply upward pressure on rates and enhance the dollar's attractiveness relative to other currencies.
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