Forex Today: US Dollar holds steady ahead of mid-tier data, key earnings reports

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Here is what you need to know on Tuesday, July 23: The action in financial markets turns subdued early Tuesday, following Monday's choppy trading.

Here is what you need to know on Tuesday, July 23: The action in financial markets turns subdued early Tuesday, following Monday's choppy trading. The US Dollar holds steady against its major rivals as investors await Existing Home Sales data for June and Richmond Fed Manufacturing Index for July. After Wall Street's closing bell, Google , Tesla and Visa will be among top companies that will report second-quarter earning reports.

At the time of press, the pair was trading at its lowest level in three weeks below 0.6630. Following a quiet European session, Gold lost its traction during the American trading hours on Monday and dropped below $2,400. XAU/USD finds it difficult to stage a rebound early Tuesday and holds slightly above $2,390.

 

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