Sales of new homes dropped by 10.4% to 536K in December, down from an upwards revised 598K in November. This is quite a significant miss. The CB Leading Index rose by 0.5% as predicted. The US dollar has been on the mend coming into the release. Will this plunge in new home sales change the picture? [...]
The post US new home sales miss with 536K – will the greenback comeback halt? appeared first on Forex Crunch.
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