- US: Pending Home Sales fall by 1.2% in March, less than the 1.6% expected drop
Market news
27 April 2022
US: Pending Home Sales fall by 1.2% in March, less than the 1.6% expected drop
US Pending Home Sales fell by 1.2% MoM in March, less than the expected 1.6% drop, after sales fell 4.0% in February, the latest figures from the National Association of Realtors showed on Wednesday. That meant the US Pending Home Sales index fell to 103.7 in March, from 105.0 a month earlier.
Market Reaction
FX markets did not react to the latest US housing figures, with the DXY continuing to trade close to five-year highs in the 103.00 area, as the buck continues to benefit from risk aversion amid heightened geopolitical tensions.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page