Forexlive Americas FX news wrap: US existing home sales surge

Forex news for North American trading on August 21, 2020 Data on the US came out better-than-expected today, with the housing rebound continuing. The existing home sales data for July (accounts for 90% of US housing transactions) rose to 5.86 million vs. 4.70 billion in the previous month and above the estimate of 5.41 million. […]

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L Brands temporarily closes stores, draws down $950 million from existing credit line

(Reuters) – L Brands Inc (N:) said on Tuesday it would temporarily close all its stores, including those of Bath & Body Works and Victoria’s Secret, in the United States and Canada through March 29 and that it has drawn down $ 950 million from an existing credit line due to the coronavirus outbreak. The […]

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