Pending Home Sales is a leading indicator of activity in the US housing sector. A higher reading than that forecast is good for the dollar. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Thursday at 14:00 GMT. Indicator Background Pending Home Sales is a key leading indicator of the all-important housing market, and an unexpected reading could affect EUR/USD. The indicator has shown some sharp fluctuations, making accurate estimates a tricky task. After a sharp decline in December, the indicator rebounded last month with a small gain of 0.1%. However, this was well short of the estimate ... (full story)