India, Feb. 26 -- The U.S. dollar stayed firm for much of the day's trading session on Wednesday with traders assessing recent economic data and the tariff moves by President Donald Trump, and continuing to monitor the developments on the geopolitical front.
In economic news, a report released by the Commerce Department showed a substantial pullback by new home sales in the U.S. in the month of January.
The report said new home sales plunged by 10.5% to an annual rate of 657,000 in January after spiking by 8.1% to an upwardly revised rate of 734,000 in December.
Economists had expected new home sales to slump by 2.6% to an annual rate of 680,000 from the 698,000 originally reported for the previous month.
The sharp pullback by new home ...