The Commerce Department will release its new home sales report for April at 10:00 am ET. The consensus expectations call for new home sales to come in at a seasonally adjusted annual rate of 425,000 from 417,000 in March.
The dollar was moving sideways against its major opponents ahead of the report. As of 9:55 am ET, the greenback was trading at 1.2911 against the euro, 1.5071 against the pound, 101.55 against the yen and 0.9659 against the Swiss franc.
For comments and feedback contact: editorial@rttnews.com
Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.