ISM nonmanufacturing PMI for June 48.8 versus 52.5 estimate

• Prior month 53.8
• business activity index 49.6 versus 61.2 last month
• employment 46.1 versus 47.1 last month
• new orders 47.3 versus 54.1 last month
• prices paid 56.3 versus 58.1 last month

The ISM nonmanufacturing is the lowest in four years.

The US dollar has moved lower along with yields.

• 2-year yield 4.695%, -4.4 basis points
• 10 year yield 4.372% -6.4 basis points
• 30-year yield 4.543% -6.5 basis points

This article was written by Greg Michalowski at www.forexlive.com.