Data very strong; ISM 55.7; Pending home sales up 6.1%

So much for Fed surveys…ISM soared in Oct, to 55.7. Home sales were better than expected, at 6.1% from expectations for unchanged.

ISM employment was above 50, a strong internal.

Construction spending improved as well in September, rising 0.8% versus expectations for a 0.2% decline.

EUR/USD is challenging offers near 1.4800 after the data. 1.4860 is key. A break suggests a bottom is in place for the euro.