WASHINGTON (Reuters) - New U.S. single-family home sales increased in June as purchases in the West surged to a near 10-year high, but downward revisions to the sales pace for the prior three months pointed to a housing market that was treading water.
LONDON (Reuters) - Sterling edged down on Wednesday after data showed Britain's economy gathered only a little speed in the second quarter after almost stalling at the start of the year, pouring cold water on expectations for UK interest rate hikes in the coming months.
Investing.com - The dollar trimmed gains against the other major currencies on Wednesday, as investors became more cautious ahead of the Federal Reserve’s policy decision due later in the day.
The Canadian dollar didn’t boost manufacturers as much as hoped on its way down. That probably means it won’t hurt them as much as feared on the way up.
Next trading day's important events
- USDJPY: 112.09
- EURUSD: 1.1634
- S&P 500: 2479.70
- NASDAQ: 6425.06