U.S. New Home Sales usually follows the trend of Existing Home Sales, therefore we are likely to see a strong release today.

Forecast 300K
Previous 290K

With last week's Existing Home Sales surprising the market with a 400K+ deviation, we could see similar trend in the New Home Sales today. The current market is still remaining neutral to slightly bullish against the USD, especially with FOMC Meeting scheduled to come out at 2:15pm today.