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Forex blog posts about pending home sales are presented here. You can click the selected excerpt's title to continue reading on 'pending home sales'.

EUR/USD Crawls Back to Friday’s Closing

March 28th, 2011

EUR/USD opened this week a way below the close of previous week and was gradually rising to the closing level of last Friday over this session. The euro may feel pressure as Portugal’s government collapsed after the Parliament refused to accept the austerity budget. The macroeconomic data from the US was positive today, especially …

EUR/USD Advances as US Spending & Homes Sales Decline

February 28th, 2011

EUR/USD rose today on the speculation that the Federal Reserve will maintain stimulus. The currency also rose as personal spending slowed and pending home sales declined more than predicted. The rally may slow as increasing personal income and improving business activity can support the dollar. EUR/USD currently trades at about 1.3827.…

EUR/USD Rises for Another Day as US Economy Underperforms

January 27th, 2011

EUR/USD continues to rise as the US economy underperforms, while the outlook for the European economy improves. Durable goods orders and initial jobless claims showed far worse results than was expected, while news from the house market were good. The currency pair slumped at the beginning of this trading session, but quickly …

EUR/USD Rises as Economy Recovers

December 30th, 2010

EUR/USD rose today as signs of global economic recovery caused the shift of an investors’ attention from safe currencies, like the dollar, to riskier ones. Economic data suggested that economy of the US also recovers as all of today’s reports were positive and better than expected. EUR/USD trades now at 1.3281.

Initial jobless

EUR/USD Goes Up with Increase of US Jobless Claims

December 2nd, 2010

EUR/USD rose today, fell after the European Central Bank kept the interest rates unchanged and later advanced again as claims for unemployment benefits in the US unexpectedly increased. EUR/USD currently trades at 1.3181 after it reached the intraday low of 1.3060.

Initial jobless claims in the US increased from 410k to 436k, more …

Europe’s Economy Performs Worse than US — EUR/USD Drops

November 5th, 2010

EUR/USD dropped today, erasing yesterday’s gains, as reports from the US were better than expected, while European economic data caused concerns. That reminded us that, while the US economy and the dollar still remain weak, Europe hasn’t resolved its problems and the euro may experience sharp corrections. …

EUR/USD Down on Concerns for Europe’s Economy

October 4th, 2010

The euro fell versus the dollar today after a strong rally last week. The currency slowed its declined for now, but trades way below its last week’s highs and today’s opening level. Concerns for Europe’s economy should be a main reason for this decline as there was not much data …

EUR/USD Swings, May Decline as US Home Market Improves

September 2nd, 2010

The euro was declining at this Forex session against the dollar, than surged and now falling again. Values of jobless claims and nonfarm productivity in the US were near forecasts, but pending home sales presented a pleasant surprise for traders, growing significantly. On the other hand, factory orders rose less than expected. …

USD Rises vs. Euro, But May Reverse Trend on Bad Reports

August 3rd, 2010

The USD slumped at the start of today’s Forex trading session, but later began gradually to rise. Unfavorable reports may reverse this trend, though. EUR/USD trades now at 1.3189.

Personal income and personal spending grew less than 0.1% in June. In May personal income increased by 0.3% (revised down from …

EUR/USD Extends Gains on Unexpectedly Bad Economic Indicators

July 1st, 2010

The EUR/USD currency pair extended its gains today as U.S. macroeconomic indicators left a very unpleasant impression today. The manufacturing sector showed a slowdown in the economic activity and home market confirmed its tremendous weakness, as pending home sales dropped a way more than was expected. Unexpected increase of jobless claims …

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