USD flows: USD firms slightly on better ISM services data

The USD has gained a little on the slightly stronger than expected non-manufacturing ISM just released, but the data is close enough to expectations not to have a significant impact on policy expectations. While the ISM PMI is a little higher, along wit the employment and business activity indices, the price index is lower and that should support expectations of Fed easing. However, this breakdown is slightly more risk friendly, so might be supportive for the AUD and other risky currencies.