by ForexNewsNow Team on July 26, 2010

New U.S. home sales beat expectations

currency trading online forex global forex housing marketNEW YORK (Forex News Now) – Sales of new U.S. home rose sharply in June and at a faster rate than expected, official data showed on Monday in one of the day’s spotlight FX news events.

According to the U.S. Census Bureau, sales rose to an annual rate of 330,000 in June from a revised 267,000 in May.

Analysts had expected June’s figure to come in at 317,000, two global forex news outlets reported.

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