Home US: Pending Home Sales increase by 16.6% in June vs. 15% expected
FXStreet News

US: Pending Home Sales increase by 16.6% in June vs. 15% expected

FX Street
Updated:
  • Pending Home Sales in the US rose more than expected in June.
  • US Dollar Index stays deep in the negative territory near 93.50.

Pending Home Sales in the US rose by 16.6% on a monthly basis in June following May’s surge of 44.3%, the data published by the US National Association of Realtors showed on Wednesday. This reading came in slightly better than the market expectation for an increase of 15%.

Further details of the publication revealed that Pending Home Sales improved from -5.1% to +6.3% on a yearly basis.

Market reaction

The US Dollar Index largely ignored these figures and was last seen losing 0.27% on the day at 93.48.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision.  The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. This website is free for you to use but we may receive a commission from the companies we feature on this site.

© forexcrunch.com All Rights Reserved 2017 – 2024