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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