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Breaking Posted 1 day ago

US new home sales fall to 0.58M, below 0.64M forecast

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US new home sales dropped to 0.58 million units, missing the 0.6399M forecast and falling from 0.622M previously. This weaker-than-expected housing data signals softening demand and may prompt traders to reassess Fed rate-cut odds, affecting USD pairs as housing is a key economic bellwether.
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@asuquokelvin · 1 day ago

Weaker home sales suggest the economy may be slowing, which could weigh on the dollar.

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