Dollar finishes above ¥124 after existing-home sales report

The dollar finished Wednesday’s session above 124 yen, and traded higher against most of its other rivals, after the National Association of Realtors reported that U.S. existing-home sales in June grew at the fastest pace since February 2007, just before the financial crisis rocked the market.

Sales of existing homes rose 3.2% to a seasonally adjusted rate of 5.49 million homes.

The ICE U.S. dollar index DXY, -0.11% which tracks the greenback’s performance against six rival currencies, was up 0.2% to 97.5300, after sliding 0.7% on Tuesday. The index has risen 8.2% so far this year.

The euro EURUSD, +0.1006%  finished the session down 0.3% against the dollar to $1.0908, compared with $1.0937 late Tuesday in New York. Meanwhile, the dollar USDJPY, +0.06%  climbed to ¥124.06, compared with ¥123.87 late Tuesday.

Click Here For Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance About KLSE online Feel Free To Mail Us at : info@epicresearch.my