The EUR/USD pair's moving trand was little changed on the US excisting home sales release. The Euro decreased 3 base points against the US Dollar to the 1.1735 mark, to keep flactuating between the 1.1735 and 1.17500 levels, including an initially-offset increase after the Fed's Chair Janet Yellen delivered a speech.
The National Association of Realtors reported that the US existing home sales rose more than anticipated in October, revealing 2.0% gain to a seasonally adjusted yearly rate of 5.48M units in the reported month. The NAR noted that house prices were still under pressure due to the shortage of available properties, remaining beyond the levels acceptable for some first-time buyers.
Historical Data Table: US Existing Home Sales | Economic Calendar for 22.11.2017 | ||||||||
Date | 26.07.2017 | 24.08.2017 | 20.09.2017 | 20.10.2017 | 21.11.2017 | 1:30 PM | US Durable Goods | ||
Actual | 5.52M | 5.44M | 5.35M | 5.39M | 5.48M | 7:00 PM | FOMC Meeting Minutes | ||
Forecast | 5.59M | 5.55M | 5.46M | 5.30M | 5.42M | 9:45 PM | NZ Retail Sales | ||
Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
Open Price | Close Price | % Change | Longs | Shorts | |||||
AUD/USD | 0.75869 | 0.75836 | -0.04% | AUD/USD | 67.97% | 32.03% | |||
EUR/USD | 1.17376 | 1.1735 | -0.02% | EUR/USD | 44.07% | 55.93% | |||
USD/JPY | 112.247 | 112.23 | -0.02% | USD/JPY | 40.54% | 59.46% | |||
NZD/USD | 0.68358 | 0.68365 | 0.01% | NZD/USD | 59.74% | 40.26% |