U.S New home sales 481K vs. 513K forecast , USD continues falling !

Forex USA25 min
Forex USA25 min

New Home Sales measures the annualized number of new single-family homes that were sold during the previous month. This report tends to have more impact when it’s released ahead of Existing Home Sales because the reports are tightly correlated.

U.S  New Home Sales fell to 481K, from 543K in the previous  month whose figure was revised up from 539K, analysts had expected new home sales to fall to 513K last month.

This development should keep the US dollar under pressure with risk for further decline …