The amount of homes that were already sold but awaiting the final transaction dropped by 5.5%. No change was expected. This bad news from the housing sector comes from a volatile index, and isn’t in line with existing and new home sales that were OK. EUR/USD is almost unchanged following the publication, trading at the lows of 1.2416 it dropped to earlier. USD/JPY is dropping to 78.88 at the time of writing. The initial report for last month stood on a big rise of 4.1%. This was revised to the downside, to a rise of 3.8%. Last week, new home sales came out better than expected. Existing home sales came within expectations. Both indicators were seen as signals of stabilization and bottoming out in the housing sector. US indicators continue playing second fiddle to the rapid events in Europe. Nevertheless, the Non-Farm Payrolls in Friday will certainly have at least a few minutes in the spotlight. 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 Daily Outlook May 31 2012 Anat Dror 10 years The amount of homes that were already sold but awaiting the final transaction dropped by 5.5%. No change was expected. This bad news from the housing sector comes from a volatile index, and isn't in line with existing and new home sales that were OK. EUR/USD is almost unchanged following the publication, trading at the lows of 1.2416 it dropped to earlier. USD/JPY is dropping to 78.88 at the time of writing. The initial report for last month stood on a big rise of 4.1%. This was revised to the downside, to a rise of 3.8%. Last week, new home… Top 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.
