At least the Chicago-area economy did not fall off a cliff in June and for that, the market is giving thanks. The S&P is in positive territory after the data, up 0.4%.
EUR/USD is firmer in its range, but not a lot, now at 1.2262. The next focus will be the end-of-month fixing at 15:00 GMT. Early chatter is that there is USD demand across the board at that time but we hope to get more specifics as the fixing gets closer.
