- Pending Home Sales in the US fell more than expected in December.
- US Dollar Index continues to fluctuate below 90.50 after the data.
Pending Home Sales in the US decreased by 0.3% on a monthly basis in December following November’s decline of 2.5%, the data published by the US National Association of Realtors showed on Friday. This reading came in slightly lower than the market expectation for a fall of 0.1%.
On a yearly basis, Pending Home Sales increased by 21.4%.
Market reaction
This report doesn’t seem to be having a noticeable impact on the greenback’s performance against its major rivals. As of writing, the US Dollar Index was down 0.03% on the day at 90.43.
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