The dollar index weakened by 0.5% against a basket of trading partners ahead of a report expected to reveal a rebound from a six-month low for existing home sales.

FORBES: Euro Gains Ahead of E.U. Meeting

Meanwhile, in the last 12 months, the US Dollar Index has lost 8% of its value against a basket of our 6 largest trading partners.

FORBES: Inflation Destroys Real Wages