-
USD/JPY: Trading the US New Home Sales
The US New Home Sales indicator is released monthly, and provides analysts with a snapshot of the health and direction of the housing sector. A higher reading than the market forecast is bullish for the dollar. Here are all the details, and 5 possible outcomes for USD/JPY. Published on Wednesday at 14:00 GMT. Indicator Background The New Home Sales indicator helps measure of the strength of the US housing market, one of the most important sectors in the economy. As a house is likely to be the largest purchase that a consumer will make, home sales are a critical component for economic growth. New Home Sales ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Oct 23, 2012 5:58pm Oct 23, 2012 5:58pm
- ryknowtrade
- | Joined Sep 2010 | Status: Member | 147 Comments
- Comment #2
- Quote
- Oct 23, 2012 8:12pm Oct 23, 2012 8:12pm
- pyb1314
- | Joined Apr 2012 | Status: Member | 17 Comments
- Comment #3
- Quote
- Oct 24, 2012 10:07am Oct 24, 2012 10:07am
- Guest
- | IP XX.XX.238.199