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
What to look out for this week❓
Morning Wrap: Iran's peace proposal “UNACCEPTABLE”; markets take a hit ❗💥
BREAKING: US Labor Market Stronger Than Expected, While Wage Pressure Eases. EURUSD gains!🚨
📈 EURUSD up 0.4% before the NFP