US: Existing Home Sales fall by 3.7% in March vs. +0.8% expected

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  • Existing Home Sales in US fell for second straight month in March.
  • US Dollar Index clings to small daily gains above 91.20.

Existing Home Sales in the United States declined by 3.7% on a monthly basis in March, the data published by the National Association of Realtors showed on Thursday. This reading came in worse than the market expectation for an increase of 0.8% and followed February’s fall of 6.3%.

Market reaction

This report doesn’t seem to be having a noticeable impact on the greenback’s performance against its rivals. As of writing, the US Dollar Index was up 0.13% on a daily basis at 91.23.

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