Disliked10:00pm USD http://www.forexfactory.com/images/m...mpact_high.gif Existing Home Sales ??? 4.90M 5.03M
It's gonna be very tricky for this News later on. It's already well known by everyone that US is experiencing Housing Bubble. RED News from Housing Sector will be no surprise anymore UNLESS if the data MASSIVELY different from the forecast or previous one.
I would say analyst would concentrate more on the RATE of deteriorating ... which means... last time how many percentage DROP... this time how many? Eventhough if the data is gonna be RED but the percentage of deteriorating is decreasing... speculators could favoring the Greenback again.
Better be... don't trade during the News... catch the SFB or BFD trains after the News.Ignored