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The Greenback stayed green all week thanks to positive U.S.-China trade developments, another push higher of the debt ceiling, and a positive round of U.S. economic updates to lower the odds of the Fed needing to stimulate the economy.
United States Headlines and Economic data
Monday:
Tuesday:
- FHFA House Price Index Up 0.1 Percent in May; Up 5.0 Percent from Last Year
- US existing home sales fell 1.7% in June, vs 0.2% drop expected
- Big Miss as Richmond Fed Manufacturing Index Hits 6-Year Low
- Philly Fed services index climbed 12 points to 24.6 in July
Wednesday:
- U.S., China to hold trade talks early next week: U.S. Treasury chief
- IHS Markit Flash U.S. PMI: Stronger service sector growth helps offset manufacturing downturn in July
Thursday:
- US factory orders for large manufactured goods surged 2% in June
- U.S. trade deficit in goods narrows in June as exports weaken
- Kansas City factory index hits near three-year low in July
Friday:
