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Positive Housing Data, BOJ Easing Plans Support US Dollar

Discussion in 'Market News' started by Daily.Forex, Jul 20, 2016.

  1. Daily.Forex

    Daily.Forex Forum Member

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    The dollar remained close to four-month highs against a basket of currencies Wednesday after giving up some of its recent gains against the yen, after Commerce Department data showed that U.S. housing starts surged 4.8 percent to a seasonally adjusted annual pace of 1.19 million units, suggesting at underlying strength in in the U.S. economy.

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