Day: March 23, 2010

EUR/USD Goes Down on Minor Home Sales Decline

The dollar rose against the euro today as the U.S. stock markets went up despite the minor fall in the existing home sales. The Richmond Fed index on the other hand helped the U.S. currency by growing up a little. EUR/USD is now trading near 1.3505. Existing home sales were reported at a seasonally adjusted annual rate of 5.02 million in February — down from 5.05 in January. The expected value was 5.0 million homes. […]