Quite a bit better than Reuters’ median forecast of 45.0.
Comes on top of decent retail sales data.
Who needs a EUR/CHF peg
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Swiss PMI 48.1 in June
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
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- EURUSD buyers tilting more to the upside.
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- Tehran Times says diplomatic channels are still open, deletes earlier post
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- S&P index falls away from trend line resistance. Trades above and below 100 hour MA
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