The U.S. dollar traded almost to the weakest point versus the euro on currency trading online, as home sales in June rose beyond economists’ forecasts, reducing demand for safety.

The forex market had been looking for more clear signs of action, and positive numbers in U.S. home sales lead traders to look for riskier options.

Dollar declined to its lowest point versus the euro since December 18th to $1.445. The Yen also rose versus the dollar at 95.41.

U.S. Consumer Report showed higher numbers in June; however it was not a sign of economical recovery but of price rates instead.

The New York Times reports:"Personal incomes sagged as employers continued to cut wages and reduce working hours. And the personal saving rate, which had been rising, dropped sharply from a month earlier as one-time transfer payments from the government stopped arriving in people’s bank accounts."

Canadian dollar was also on the downturn, dropping to C$1.0677 per U.S. dollar, after having had the best performance against the dollar in the previous month.