U.S. new home sales report

Monday, 28 November 2011 10:08

According to official data presented on Monday, U.S. new home sales rose less-than-expected in October.

The report shows annualized number of new single-family homes that were sold during the previous month.

Report released by Census Bureau today says that new home sales rose to a seasonally adjusted 307,000 units in October, under the expectations for an increase to 312,000.

After those news, the U.S. dollar remained lower against the euro, with EUR/USD trade at 1.3372.