Once again, USD won the battle yesterday. Driven by the release of data is better than expected and the risk aversion markets. EUR / USD fell to 67 pips from its intraday highs, while the USD / CHF closed up 15 pips.
USD had entered the red zone when the London session. The U.S. data even went with the risk appetite train as the S & P house prices printed a 1.2% uptick for July against June's 0.6% growth.
To this day, the New Home Sales data will be released, if the same scenario will happen? Report is expected to release in July 381 000 after 372 000 released figures. Whatever pliers will be released later, it seems the London session may be contrary to the U.S. session.
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