EUR/USD rose today, bouncing from the
PPI rose 0.1% in June, on a seasonally adjusted basis. The increase was small, but the figure was still better than expectations of a 0.5% decline and the drop by 1.0% in May. (Event A on the chart.)
Michigan Sentiment Index fell to 72.0 in July, according to the preliminary estimate, compared to the expected value of 73.5. The June reading was revised from 74.1 down to 73.2. (Event B on the chart.)
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