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Dollar Declines Versus Most Majors Before U.S. Pending Home Sales

05:55, 26th May 2016

(RTTNews) - The National Association of Realtors will release its pending home sales index for April at 10 am ET Thursday. Economists expect pending home sales to have increased by 0.8 percent month-over-month in April, slower than the 1.4 percent increase in March.

The greenback traded mixed against its major rivals ahead of the data. While the greenback rose against the pound, it slipped against the yen, franc and the euro.

The greenback was valued at 1.1203 against the euro, 1.4687 against the pound, 109.65 against the yen and 0.9873 against the franc at 9:55 am ET.

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