Sales of existing homes climbed by 1.1% against an expected fall. They rose from a marginally downwards revised 5.56 million to 5.62 million. The beat is not that big, but it allows USD/JPY to extend its gains. The pair now trades at 111.72, up from around 111.60 before the publication. Sales of second-hand homes were expected to drop by a modest 0.5% from 5.57 million to 5.55 million annualized in May. Back in April, the volume of sales fell by 2.3%. The US dollar has been stable after ceding some of its gains earlier. All in all, the greenback continues enjoying the backwind from the hawkish Fed decision that was reinforced by Dudley’s hawkishness. Most transactions of homes are of existing ones. However, changes in sales of new homes have a wide economic impact and are better correlated with growth rates. More: On fundamentals, technicals and more – Interview with Dale Pinkert The falls in the prices of oil have dominated the headlines. 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 GBP: Here Is Why Further Downside Is Likely Limited From Yohay Elam 6 years Sales of existing homes climbed by 1.1% against an expected fall. They rose from a marginally downwards revised 5.56 million to 5.62 million. The beat is not that big, but it allows USD/JPY to extend its gains. The pair now trades at 111.72, up from around 111.60 before the publication. Sales of second-hand homes were expected to drop by a modest 0.5% from 5.57 million to 5.55 million annualized in May. Back in April, the volume of sales fell by 2.3%. The US dollar has been stable after ceding some of its gains earlier. All in all, the greenback continues… 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.
