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: Oil, Fed, jobless claims, and Wall Street earnings 🔎
Morning wrap: Trump expects an agreement with Iran as soon as this weekend 📌
Daily Summary: Markets take a breather (03.06.2026)
BREAKING: ISM Non-Manufacturing PMI above expectations