US dollar extends decline after poor pending home sales reading ...Middle East

The US dollar is at the lows of the day following the worst pending home sales report in three years. The 7.7% monthly drop in April highlights the sting of higher rates, particularly with Treasury yields jumping in the month.The market is struggling to figure out where the US consumer is. We've seen falling US consumer confidence for most of the year but this week's report was surprisingly strong. At the same time, large-ticket items are struggling and there is more talk of inventory piling up on auto lots.Electronics are also struggling but that could also be due to heavy buying during the pandemic.“The mix of macro factors continued to create a challenging sales environment for our cate

Read More Details
Finally We wish PressBee provided you with enough information of ( US dollar extends decline after poor pending home sales reading )

Also on site :

Heartbreaking letters Camp Mystic children wrote to their family arrive days after they died in Texas floods
Watch- Shubman Gill reacts as Ravindra Jadeja teases him in front of Sara Tendulkar
Nine things over 60s should do each week to stay young (including kitchen dancing)

US dollar extends decline after poor pending home sales reading ...Middle East

'This must not happen': India opposes Pak bid to join Brics-backed AI bid; cites terror, security risks

Wall Street sees 35% Canada tariff as just a negotiation tactic: ‘Tariffs are Trump’s hammer for every nail’

Revere woman charged for allegedly attacking 4 strangers in Maverick Square

Brad Pitt sent ‘desperate’ message to see his twins for their birthday

Relief after success for petition to reopen public toilets in popular park

Michael Chavis Signs With NPB’s Chunichi Dragons

The New ‘Fantastic Four: First Steps’ Trailer Is an Actual Retro Throwback

Jessica Simpson celebrates her 45th birthday in a leather bodysuit and leopard coat

A father mourns 2 sons killed in an Israeli strike as hunger worsens in Gaza

Wimbledon to crown 8th consecutive first-time women’s champion

Former Hollywood Heartthrob Teaches Sons the Ropes in Hilarious New Photos

Nigeria says it won't accept U.S. deportees: "We have enough problems of our own"

Mayor Karen Bass issues an executive directive to support migrants amid ICE enforcement

Andre Agassi makes BBC coverage of Wimbledon so much more watchable

Has Syria Taken Escalatory Measures Against Lebanon?