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BREAKING: Another strong decline in US home sales

3:06 PM 23 August 2022

U.S. new home sales for July fall to 511,000 with expectations of 575,000 and with the previous level of 590,000. This is a decline of 12.6% m/m!

In addition, the Richmond Fed index falls to -8 with expectations of -4 and with the previous level of 0. A very weak streak of data in the U.S. during today's session. 

EURUSD is back above parity.  

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