(MENAFN– ecpulse)
USDIX rebounded in early trading today after three sessions of gains against major currencies prior to releasing the U.S. New Home Sales data.
At 12:17 pm GMT, USDIX, tracking the performance of the first currency in the world against a basket of currencies - euro, Japanese yen, sterling pound, Swedish krona, Swiss franc and Canadian dollar- dropped and is trading at 85.83 compared to the opening level 85.93.
However, markets are watching closely the release of the U.S. New Home Sales data for September at 02:00 pm GMT, which may show a 6.3% decline to approximately 473 thousand units compared with a rise of 18% at about 504 thousand units in August.
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