Dollar Declines Versus Most Majors Before U.S. Pending Home Sales
May 26 2016 - 5:55AM
RTTF2
The National Association of Realtors will release its pending
home sales index for April at 10 am ET Thursday. Economists expect
pending home sales to have increased by 0.8 percent
month-over-month in April, slower than the 1.4 percent increase in
March.
The greenback traded mixed against its major rivals ahead of the
data. While the greenback rose against the pound, it slipped
against the yen, franc and the euro.
The greenback was valued at 1.1203 against the euro, 1.4687
against the pound, 109.65 against the yen and 0.9873 against the
franc at 9:55 am ET.
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