EUR/USD Retreats Sharply After Attempting to Rally

EUR/USD rose intraday but fell sharply later. The currency pair was trading in a range afterward.
Philadelphia Fed manufacturing index jumped sharply from 0.3 in June to 21.8 in July. Analysts had predicted a much more modest growth to 5.0. (Event A on the chart.)
Initial jobless claims were at the seasonally adjusted level of 216k last week, matching forecasts exactly, up from 208k the week before. (Event A on the chart.)
Leading indicators declined 0.3% in June following no change in May. Experts had forecast an increase of 0.1%. (Event B on the chart.)

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