United States Chicago Purchasing Managers’ Index above expectations (43.9) in July: Actual (51.9)

EUR/USD is trading around 1.1850, off the peak above 1.19 – the highest since June 2018. Stimulus uncertainty, coronavirus, and other factors weigh on the dollar. Eurozone GDP fell by 12.1% in Q2. US personal income missed with 1.1% while spending beat with 5.6%.