Euro Back Below $1.09 After Existing-home Sales

By Joseph AdinolfiMarketWatch Pulse

The dollar strengthened Wednesday after the National Association of Realtors reported that sales of existing homes in the U.S. rose 3.2% in June, the fastest pace since February 2007. The dollar rose to 124.05 yen, from 123.90 yen ahead of the report. Meanwhile, the euro traded at $1.0885 , from $1.0910.

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