US home sales tumbled 2.2% in December

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Source: Forexpros
New home sales in the US declined by 2.2% in December, reported US Census Bureau. The new home sales declined to 307,000 units on a seasonally adjusted basis while analysts expected the sales to rise by 2% to 320,000 units. Following the data release, the US Dollar inched lower against the Euro and the pair EUR/USD gained 0.44% to 1.3165.

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