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  • New U.S. home sales rise to 421,000 rate in August

    From marketwatch.com

    Sales of new U.S. homes rose 7.9% to a seasonally adjusted annual rate of 421,000 in August, rebounding after a large drop in July, as three of four regions posted gains, according to government data released Wednesday. That 7.9% growth was the fastest sales pace since January. Economists polled by MarketWatch had expected sales to climb higher in August to a rate of 420,000, compared with an original July estimate that pegged the rate at 394,000. On Wednesday the U.S. Department of Commerce revised July's rate to 390,000. Pent-up demand and relatively low interest rates are supporting sales, though there's concern ... (full story)

No effect?
hmmm
Why?
always suprise...
Why usd going down
Quoting loveme786
Why usd going down
First it will go down to eat up sl and to confuse you ...then after london close it will start slowly to go up and continue pa direction
Buy on dip?
Market-makers want to bring misunderstanding @ the market. Semi long-tern intentions EUR/USD 1.4
basically the same as the predication why is the usd/cad going short??
Why USD should go up even if USA home sales up? Is there relevant info that sales were made by USD cash? Maybe loans, bills...
  •  Guest
  • | IP XX.XXX.217.36
ecb does not want too strong euro...

1.4 is too high i think
Quoting Anton JS
Market-makers want to bring misunderstanding @ the market. Semi long-tern intentions EUR/USD 1.4
OK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Quoting Anton JS
Why USD should go up even if USA home sales up? Is there relevant info that sales were made by USD cash? Maybe loans, bills...
DO you have any idea of economics???Obviously the purchases where done by loans...and I believe in USA if you want to buy a house either by loan or cash or however you pay with USD
  •  Guest
  • | IP XX.XX.238.138
Quoting leiamra
First it will go down to eat up sl and to confuse you ...then after london close it will start slowly to go up and continue pa direction
100% agreed boss!
Quoting Marsfx
DO you have any idea of economics???Obviously the purchases where done by loans...and I believe in USA if you want to buy a house either by loan or cash or however you pay with USD
May be, I would say relevant info is who bought new houses. Is it possible there was no demand for USD bacause parties who bought houses already got USD...
  •  Guest
  • | IP XX.XXX.217.36
" ...then after london close it will start slowly to go up and continue pa direction "

will see... 1 hour only

hope you are right!
Quoting Anton JS
May be, I would say relevant info is who bought new houses. Is it possible there was no demand for USD bacause parties who bought houses already got USD...
well the new house sales it goes to prove if the economy is improving. People that feel secure buy houses. People that they are not afraid to loose their job buy houses. People that believe that economy will improve buy houses for investment. Houses show that economy is growing. It has nothing to do with purchasing or selling dollars. Actually the data that we got today are for August. Have a nice day
  •  Guest
  • | IP XXX.XX.22.19
Quoting Guest
" ...then after london close it will start slowly to go up and continue pa direction "

will see... 1 hour only

hope you are right!
What has London close got to do with the USD movement (unless its the GBP/USD pair)?
no significant direction until tomorrow's employment data. Gold may rise in the meantime.
After all this drama, Fed will tend to taper.
"To taper or not to taper, that is the very big money question..."
  •  Guest
  • | IP XX.XXX.186.139
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  • Story Stats
  • Posted: Sep 25, 2013 10:00am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 21  /  Views: 5,260
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