US January existing home sales 4.62 m vs 4.67m expected
Existing home sales from the National Association of Realtors:
- Prior reading was 4.87m
- Lowest in 18 months
- Sales down 5.1% month-over-month
`Poor weather wasn`t completely to blame for the drop in activity,`the NAR chief economist said. He also cited lack of inventory.
EURUSD rose to a fresh high at 1.3759a after the data.