Analysts at Nomura point out that in the US, pending home sales have softened recently with declines in April and May of 1.3% and 0.5% m-o-m, respectively, corresponding with soft readings of existing home sales in recent months. Key Quotes “At the moment, without a substantial change in housing market dynamics – with steady demand and low inventory – pending home sales activity may remain muted in the near term.” 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. View All Post By FX Street FXStreet News share Read Next Gold reverses an early dip to $1218 support area amid weaker USD FX Street 5 years Analysts at Nomura point out that in the US, pending home sales have softened recently with declines in April and May of 1.3% and 0.5% m-o-m, respectively, corresponding with soft readings of existing home sales in recent months. Key Quotes "At the moment, without a substantial change in housing market dynamics - with steady demand and low inventory - pending home sales activity may remain muted in the near term." 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.