Existing home sales were predicted to rise from 4.94 (revised up from 4.92) to 5.02 million (annualized) this time. The actual figure is 4.98, within expectations. The Philly Fed Manufacturing Index was predicted to advance from -12.5 to -1.6 points, staying in negative territory. However, it surprised to the upside and rose to +2 points. Also the CB Leading Index exceeded expectations by rising 0.5% instead of 0.3% that was predicted. EUR/USD traded around 1.29 before the publication, within the 1.2880 to 1.2960 range. It is now ticking lower. Earlier, jobless claims beat expectations once again and remained in the 330s. The rose from a revised 334K to 336K, below expectations of 343K. Apart from now, these levels were last seen in January 2008. In addition, Markit’s initial Manufacturing PMI for March ticked higher from 54.3 to 54.9 points, a bit below 55.1 that was expected. It’s important to note that the employment component of this indicator rose. Further reading: ECB imposes bailout deadline on Cyprus – Euro Exit Close? Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Forex Analysis: GBP/USD Forms Bullish Correction Pattern James Chen 10 years Existing home sales were predicted to rise from 4.94 (revised up from 4.92) to 5.02 million (annualized) this time. The actual figure is 4.98, within expectations. The Philly Fed Manufacturing Index was predicted to advance from -12.5 to -1.6 points, staying in negative territory. However, it surprised to the upside and rose to +2 points. Also the CB Leading Index exceeded expectations by rising 0.5% instead of 0.3% that was predicted. EUR/USD traded around 1.29 before the publication, within the 1.2880 to 1.2960 range. It is now ticking lower. Earlier, jobless claims beat expectations once again and remained in the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
