EUR/USD
The euro ended yesterday with a symbolic 2 point decrease. There weren't any new incentives for the movement. Tomorrow is a public holiday in the US, but investors began to prepare ahead of time. On the part of adjacent markets, an equilibrium was observed - oil fell by 4.78%, gold went up by 2.53%. The yields on US government bonds went down, which, in general, speaks to the continuing market tensions.
Today, the United States expects mixed economic data. In the private sector, according to ADP estimates, 140 thousand new jobs are forecasted in June against 27 thousand in May, but the trade balance in the May estimate is expected to deteriorate from -50.8 billion dollars to -53.2 billion, ISM Non-Manufacturing PMI for the past month it is expected to be 56.1 against 56.9 earlier, and also the volume of factory orders for May may be reduced by another -0.4% after the April decrease by -0.8%. It seems that there will be no active action today. We are waiting for a sideways trend in the range of yesterday. Price will be kept above the MACD line on the four-hour chart.
