USD/EUR was weakened by the reaching of the EU deal, as well more bad news on the coronavirus outbreak.
Whether President Trump apparently agreeing to take a more proactive stance will positively or negatively affect the pandemic, the economy, his re-election chances and the performance of the US dollar remains to be seen.
Talks are continuing within the US on a $1 trillion fiscal stimulus package for the US economy
Today we have existing home sales for June, which are expected to show a near 25% increase on last month. Tomorrow sees weekly initial jobless claims which are forecast to be a little lower than the previous week, at 1,295,000, and the week finishes with PMI flash data and new home sales for June.
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