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.
Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall
BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge
EURUSD loses ground ahead of NFP
BREAKING: BoE raises interest rates by 25pbs to 4%⏰