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
Economic calendar: US Non-Farm Payrolls and Supreme Court decision on tariffs in focus🗽
BREAKING: Weak macro data from Germany 🚨Norwegian CPI rises
Morning wrap (09.01.2026)
Daily summary: exceptionally low US trade deficit; dollar remains strong 📌