U.S. new home sales for July fall to 511,000 with expectations of 575,000 and with the previous level of 590,000. This is a decline of 12.6% m/m!
In addition, the Richmond Fed index falls to -8 with expectations of -4 and with the previous level of 0. A very weak streak of data in the U.S. during today's session.
EURUSD is back above parity.
Economic calendar: PMI reports and the US labor market in the spotlight 🔎
Morning wrap (03.06.2026)
Chart of the Day: What's next for EURUSD? (02.06.2026)
Economic Calendar: Key readings on the schedule (02.06.2026)