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BREAKING: USD sees little reaction to downbeat flash US PMI reports

  • US Manufacturing PMI decreased to 52.40 in June from 57.0 in May, well below forecasts of 56.5, preliminary estimates showed.
  • US Services PMI fell to  51.60 in May from 53.4 in the previous month and well below market consensus of 53.5, a preliminary estimate showed.

EURUSD attempts to break above 200 SMA (red line) around 1.0525 level. Source:xStation5  

Daily summary: Dollar continues to strengthen, EURUSD and GBPUSD 1% on the downside
Stock of the week - Bed Bath & Beyond (18.08.2022)
Massive drop in US gas inventories!
DE30: Setback in the short-term upward trend
BREAKING: US jobless claims unexpectedly fall back to 250k