U.S. home resales hit their highest level in nearly 9-1/2 years in June as low interest rates lured first-time buyers into the market and the number of Americans filing for unemployment benefits fell last week, underscoring the economy's strength.
U.S. job growth surged in June as manufacturing employment increased, more evidence the economy has regained speed after a first-quarter lull, but tepid wage growth could see the Federal Reserve remaining cautious about hiking interest rates.
Fundamental indicators rose in priority as the U.S. Federal Reserve had signalled in the Federal Open Market Committee meeting minutes that its members would consider a rate hike in June if the economy improved. The two indicators released on Friday depreciated the USD across the board. The U.S. non farm payrolls (NFP) recorded a two-year low at 36,000 jobs added in May.