December 21, 2016 / 3:20 PM / a year ago

Dollar index holds losses after U.S. home resales data

NEW YORK (Reuters) - The dollar held earlier losses against a basket of currencies on Wednesday as sales of U.S. existing homes increased to a near 10-year high in November, supporting the view of a resilient housing sector in a climate of rising interest rates.

The dollar index .DXY, which measures the greenback against six major currencies, was down 0.45 percent at 102.85, retreating from a 14-year high set on Tuesday.

Reporting by Richard Leong; Editing by Chizu Nomiyama

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