News Column

Dollar Mixed Ahead Of Existing Home Sales

August 21, 2014

BRUSSELS (Alliance News) - The US existing home sales data for July is to be released at 10:00 am ET Thursday. Economists forecast a 0.5% decline in sales in July, after rising 2.6% in the previous month.

The greenback showed mixed trading against the other major currencies before the data. While the greenback slipped against the yen, it held steady against the rest of major currencies.

The greenback was valued at 1.3273 against the euro, 1.6588 against the pound, 103.73 against the yen and 0.9124 against the franc as of 9:55 am ET.

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Source: Alliance News

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