The euro fell against the US dollar today. The first (and major) bearish wave was caused by the release of German wholesale price index report (event A on the chart); the second (and smaller) one was brought by the US fundamentals several hours later.
Initial jobless claims unexpectedly jumped up to 360k last week. A small decline from 344k to 340k was expected. (Event B on the chart.)
US export and import prices export prices continued to decline in June. Import prices fell by 0.2% following a drop of 0.7% (revised from 0.6% drop) in May, whereas a 0% change was forecasted. Export prices decreased by 0.1% following 0.5% drop in May. (Event B on the chart.)
Treasury budget report has shown a surplus of $116.5 billion for the month of June. It was only slightly better than the median forecast value ($115.0 billion surplus) and significantly better than $59.7 billion deficit posted for June 2012. (Event C on the chart.)
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