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: US gas inventory data, Canadian retail sales
Morning Wrap (23.10.2025)
Economic calendar: All eyes on earnings; EIA report and ECB speeches (22.10.2025)
BREAKING: Pound extends losses on weaker-than-expected UK CPI 🇬🇧 📉