FXstreet.com (Barcelona) - Sales of new homes have declined in September, against analyst expectations of a slight increase, the Dollar has reacted to the upside against its major rivals.

New home sales have declined 3.6% in September to an annual rate of 402,000 units, to disappoint market analyst who expected a 2.6% advance to an annual rate around 440,000 units.

The Dollar, which was trimming gains against the majors, has taken back lost ground after housing data. EUR/USD has dropped from 1.4815 to test 1.4770 support area, while the GBP/USD has retreated from 1.6410 t0 1.6355 and the USD/JPY has eased from 91.25 to 91.00 support area.

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