Following an increase of 7.0% in September, Existing Home Sales in the US rose by 0.8% in October, taking the rolling 12-month sales number to 6.34M homes, according to data published by the National Association of Realtors on Monday.

The report also showed that the median existing home price was $353,900 in October, up 13.1% YoY. 

Market Reaction

FX markets have not reacted to the latest US housing numbers, just as they were not expected to. The DXY is currently trading at fresh year-to-date highs just under 96.50, boosted recently amid the news of Jerome Powell's renomination as Fed chair.