United States New Home Sales (MoM) above forecasts (0.64M) in May: Actual (580M)

Jun 24, 2026

US Dollar: Exceptionalism without cash demand – BNY

BNY’s Geoff Yu observes that recent US Dollar (USD) strength reflects United States (US) exceptionalism rather than fresh cross-border buying, as underweights have already been reduced.

United States New Home Sales (MoM) above forecasts (0.64M) in May: Actual (580M)

US Dollar: Exceptionalism without cash demand – BNY

United States New Home Sales (MoM) came in at 0.58M below forecasts (0.64M) in May