Pending home sales »

  • H.S. Borji
    Forex » US Dollar Index Falls below 80.00
    H.S. Borji - June 30, 2014, 18:36 GMT

    The US dollar edged lower against a basket of currencies Monday, as mixed economic data reminded investors the Federal Reserve won’t rush to raise interest rates any time soon. The US dollar index, a gauge of the greenback’s performance versus six commonly traded peers, declined 0.3 percent to 79.80. The index last week posted its

  • Forex » US Manufacturing Picks Up
    June 30, 2014, 18:32 GMT

    The US authorities have just released a mixed bag of data, some important updates have been included in this. The Dallas Fed has announced it’s June Manufacturing Business Index, this is showing a rise to 11.4 from May’s reading of 8.0. Meanwhile the Chicago Purchasing Managers Index is showing a retrenchment to 62.6, this is

  • H.S. Borji

    The sale of previously-owned US homes increased sharply in May, partially offsetting concerns the housing recovery would be slow to materialize after a volatile first quarter. Existing US home sales rose 4.9 percent to an annual rate of 4.89 million, following an upwardly revised gain of 1.5 percent the prior month, the National Association of

  • The US dollar was on its heels Thursday amid signs the US economy contracted at a faster rate than forecast in the first quarter, while pending home sales increased only slightly in April. The US dollar index, a weighted average of the greenback’s performance versus six major peers, declined 0.16 percent to 80.44. Analysts were

  • H.S. Borji

    Contracts to buy existing homes edged up slightly in April, underscoring the housing recovery’s modest rebound at the start of the second quarter. The pending home sales index increased 0.4 percent in April, following a 3.4 percent gain the prior month, the National Association of Realtors reported today. The median estimate of economists called for

  • The US housing recovery gathered pace in April, offering hope consumers’ appetite for real estate is rising in line with the rest of the economy. On Thursday the National Association of Realtors will report on pending home sales, giving the markets a complete picture of housing activity at the start of the second quarter. The

  • The US dollar index was on its heels Monday, as investors shift their attention to a potentially volatile week of trade headlined by the Federal Reserve monetary policy meetings. The US dollar index was down nearly 0.1 percent at 79.69. The gauge has declined more than 0.3 percent over the past five sessions, as mixed

  • Pending sales of previously-owned US homes fell for the fifth consecutive month in October, according to the National Association of Realtors. The monthly report showed rising mortgage rates and economic uncertainties continue to slow momentum in the housing market. The Pending Home Sales Index, which tracks contract signings for single-family homes, fell 0.6 percent in

  • Pending sales of previously owned homes in the United States fell for the fourth consecutive month, as rising mortgage rates and broader macroeconomic instability kept would-be buyers out of the market. The Pending Home Sales Index measures the contract activity of existing single-family homes. It is a leading indicator of the overall trends in the

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