The trading was mostly negative for the greenback today. EUR/USD rally continued after
Initial jobless claims were at 244k last week compared to 241k recorded a week earlier and 240k median forecast. (Event A on the chart.)
US PPI decreased by 0.1% in July after 0.1% increase in June. The median forecast for July was at 0.1% growth. (Event A on the chart.)
Treasury budget deficit shrank to $42.9 billion in July from $90.2 billion of June. A larger deficit of $52.0 billion had been expected by the traders. (Event B on the chart.)
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