The dollar remained steady today. The dollar was the safe haven after some tough economic news hit the streets. A lack of buying interest for other currencies helped the dollar to stay steady against the euro and sterling.

The Commerce Department’s home sales report had unexpectedly reported new home sales falling 11.2% in January. Germany’s economic recovery came to a halt. Ben Bernanke told lawmakers that flat oil prices will keep inflation in check. He went on to say that an increase in goods and services in the private sector only can aid further sustained  growth in the U.S. economy.

The dollar is looking better technically against the euro.