In European trading, the euro rose against the US Dollar, trading above the 1.1770 mark.
The EUR/USD traded upward, in the European session, as the new Trump tax bill passed the House of Representatives, raising concerns about US debt sustainability, creating negative pressures on the US dollar. In Europe, German Factory Orders data for May came in lower than expected (-1.4% realised vs -0.2% expected). In the US, it's the Independence Day national holiday and no data will be released.