Today's gloomy housing data corroded the dollar's appeal….

24 August 2010 @ 02:11 pm EDT

Today's housing data came out gloomy, confirming the fact that the world's leading economy overall revival of its several sectors remains weak and lost strong momentum throughout this past period with July's existing home sales plunging pessimistically to 3.83 million or by 27.2 percent since that the government tax program has expired and due to the ongoing downside pressures of high jobless levels.

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