United States New Home Sales Change (MoM) down to -14.5% in March from previous -3.3%

FXStreet.com (Barcelona)

Apr 23, 2014

United States New Home Sales (MoM) came in at 0.384M disappointing expectations (0.45M) in March

USD/JPY's recovery capped at 102.40

After bouncing at nearly 1-week low at 102.15, the USD/JPY attempted to recover ground above the 102.25 area, however the pair found resistance at 102.40 and it was launched back to previous prices.