DavidWarren
Broker Representative
Forex Comment
US Dollar was slightly lower against most of its major counterparts on Tuesday. On the economic data front, FHFA house price index rose 0.7% MoM (+0.8% expected) in May after a downwardly revised 0.5% gain the previous month. Richmond Fed manufacturing index dropped to -11 (9 expected) in July from 7 the prior month.
The Euro was mixed against its major counterparts. In Europe, French business confidence increased to 95 in July vs 93 in June and 94 anticipated by economists.
US Dollar was slightly lower against most of its major counterparts on Tuesday. On the economic data front, FHFA house price index rose 0.7% MoM (+0.8% expected) in May after a downwardly revised 0.5% gain the previous month. Richmond Fed manufacturing index dropped to -11 (9 expected) in July from 7 the prior month.
The Euro was mixed against its major counterparts. In Europe, French business confidence increased to 95 in July vs 93 in June and 94 anticipated by economists.