Market Overview

Midday EURUSD roundup

The dollar index has fallen this afternoon to 93.65 and has slightly increased from 3-month lows. EURUSD is at 1.1760 and under some pressure after a failed test to gain above 1.1800.

Bullish: Increased demand on stocks markets. Services PMI growth for euro area.

Bearish: EU leaders rejected Premier May’s Brexit plan, which spurred a decline of the GBPUSD by 0.5%.

Next focus on: Canadian Retail Sales and CPI release at 12:30 GMT

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