The National Association of Home Builders' housing market data for June showed that the headline index rose to 52 in June from 44 in May. Economists expected the index to rise to 45.
The US dollar edged higher against its major rivals following the report. As of 10:03 am ET, the greenback was trading at 1.3340 against the euro, 94.83 against the yen, 1.5740 against the pound and 0.9236 against the Swiss franc.
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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.