FOREX-Dollar index hits 5-1/2 month high after home data
(Updates with reaction to U.S. data)
NEW YORK, Aug 7 (Reuters) - The dollar index rose to a 5-1/2-month high on Thursday after a surprise rise in the U.S. pending home sales index for June.
The dollar index climbed to 74.477.DXY, the highest since last February. The euro <EUR=> fell 0.4 percent to $1.5364 after the housing data.
The pending home sales index rose 5.3 percent in June, compared with expectations of a 1.0 percent fall. For more see [ID:nWEQ000091]. (Reporting by Gertrude Chavez-Dreyfuss; Editing by James Dalgleish)
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