Dollar Falls Ahead Of U.S. New Home Sales

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The US Commerce Department will release new home sales for May at 10:00 am ET Tuesday.

Ahead of the data, the greenback dropped against its major counterparts.

The greenback was worth 106.31 against the yen, 0.9436 against the franc, 1.2490 against the pound and 1.1334 against the euro as of 9:55 am ET.

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