2:01 PM · 24 July 2024

BREAKING: USD muted after new home sales data miss

US new home sales data for June was released at 3:00 pm BST. Report was expected to show a sales increasing 3.4% MoM, from 619 thousand in May to 641 thousand in June. However, actual report turned out to be a disappointment, with new home sales actually dropping 0.6% MoM in June to 617 thousand. However, as it is often the case with new home sales data, report did not trigger any major reaction on the markets.

Source: xStation5

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