06-09-2016 18:13 via feedproxy.google.com

The dollar is tumbling

The dollar is plunging after the most important sector of the US economy — the services sector — grew at its slowest pace in 6 years.
The US dollar index is down by 0.9% at 95.00 as of 12:07 p.m. ET.
Earlier, the Institute of Supply Management reported the monthly non-manufacturing purchasing manager's index on the service sector fell to 51.4 for August, down from 55.5 in July, and below expectations of a slight dip to 55.
That's the lowest reading since
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