US pending house sales surge to 19-month high - News - Dukascopy Bank

Fri, 30 Dec 2011 08:45:48 GMT
Source: Forexpros
 
© Scanpix/Reuters

US pending home sales increased essentially in November, approaching 19-month high. The pending home sales index jumped by 7.3% last month while analysts expected only 1.5% increase, reported the National Association of Realtors. The jump may be a result of delayed transactions, said Lawrence Yun, chief economist. After the release of data, USD advanced against the Euro and the pair EUR/USD was traded at 1.2928, down 0.1%.


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