The U.S. service industry PMI in October was higher than expected, and the U.S. dollar index DXY rose more than ten points in the short term to 103.7

After the release of the US economic data, the US dollar index DXY rose more than ten points in the short term and is now at 103.7. The Institute for Supply Management (ISM) said that economic activity in the service sector expanded for the fourth consecutive month in October. The service sector PMI recorded 56, higher than the expected 53.8. This is the 50th time in 53 months that the industry has expanded. (Jinshi)