New Home Sales in US unexpectedly rose in April. US Dollar Index stays near daily lows around 99.00 after the data. New Home Sales in the US increased by 0.6% on a monthly basis to 623,000, the data published jointly by the US Census Bureau and the US Department of Housing and Urban Development showed on Tuesday. This reading followed a decline of 13.7% in March and beat the market expectation of -21.9% by a wide margin. Market reaction The US Dollar Index, which tracks the greenback’s performance against a basket of six major currencies, ignored this data and was last seen losing 0.75% on the day at 99.05. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: CB Consumer Confidence Index recovers modestly to 86.6 in May FX Street 3 years New Home Sales in US unexpectedly rose in April. US Dollar Index stays near daily lows around 99.00 after the data. New Home Sales in the US increased by 0.6% on a monthly basis to 623,000, the data published jointly by the US Census Bureau and the US Department of Housing and Urban Development showed on Tuesday. This reading followed a decline of 13.7% in March and beat the market expectation of -21.9% by a wide margin. Market reaction The US Dollar Index, which tracks the greenback's performance against a basket of six major currencies, ignored this data and was last seen losing… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
