- US existing home sales fell sharply in June.
- The dollar index continues to fluctuate below 107.00.
US Existing Home Sales They fell for the fifth straight month in June to a seasonally adjusted annual rate of 5.12 million, the National Association of Realtors reported Wednesday. Sales fell 5.4% and 14.2% in monthly and annual terms, respectively.
Other details in the report revealed that the median sales price of existing homes rose 13.4% from a year ago to $416,000, marking a new all-time high.
market reaction
These figures do not seem to have a significant impact on the behavior of the dollar against its rivals. At the time of writing, the dollar index was posting small daily gains, trading at 106.80.
Source: Fx Street
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