The Dollar strengthened against most majors as April Purchases of U.S. Existing Homes Rose to the highest level in 5 months but stocks still finished lower leading investors to the Dollar as a refuge. Existing Home Sales came out at 5.77M vs. 5.62M forecast. NASDAQ and Dow Jones weakened by -0.69% and -1.24% respectively, Crude oil rose by 17 cents closing at 70.21$ a barrel, Gold (XAU) rose by 1.5% closing at 1194$ an ounce. Today, CB Consumer Confidence is expected to rise from 57.9 to 59.1.
Join the Discussion