U.S. home resales down amid increased mortgage rates

Note: This section contains information in English only.
Source: WBP Online
© Scanpix/Reuters
The demand for houses declined in the U.S. as prices grow quickly and mortgage rates become more expensive. Resales of previously owned houses dropped 1.2% in June to 5.08 million. Analysts predicted that the number would reach 5.25 million, a gain of 1.4%. Despite slowdown, the resale growth was the second largest since November 2009.
Back to articles

Actual Topics

Mon, 22 Jul 2013 16:01:06 GMT

Pound soars to a 1-month high on home sales data

British Pound continued to advance versus the greenback as the Prime Minister of U.K. said he may reduce taxes on recovering economy. U.S. housing resale data showed lower-than-expected results, giving additional boost to the currency's appreciation. Sterling rose 0.71% to $1.5369 against the greenback at 2:51 p.m. GMT and it slightly climbed against the Euro, by 0.2% to 0.8584.

Mon, 22 Jul 2013 15:39:05 GMT

Gold still advancing as Dollar weakens

Gold kept to trade above the $1,300 level as investors continue purchasing the metal instead of the greenback. Federal Reserve Chairman Ben Bernanke said not to taper the quantitative easing unless employment data improves, which weakened the Dollar. Gold futures increased 2.21% to $1.321.60 an ounce as of 11:46 a.m. EDT, while silver went up 4.18% to $20.275 an ounce.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.