The US dollar rallied after U.S. existing home sales data showed sales rose more than expected in December. Existing home sales soared 12.3% to an annual rate of 5.28 million units, far surpassing forecasts for a rise to 4.85 million. Sales were down 2.9% compared to a year earlier. The dollar was able to hit 2 week highs against the majors on the back of this news.
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