US new home sales data for June was released at 3:00 pm BST today. Report was expected to show a 725k, following 763k in May. However, actual reading turned out to be much lower with report for June showing 697k. USD moved slightly higher in a knee-jerk move but has pared those gains later on. Nevertheless, market reaction was minimal and scale of the move on EURUSD did not exceed 0.1%

EURUSD at 5-minute interval. Source: xStation5
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%⏰