Important US release came out just minutes ago about US Pending Home Resales. The number of 'second hand' homes declined by 12% this month, after two appreciating months of February and March. Pending Sales dropped from 3.5% to a staggering 11.6% even though expectations were ar 0.9%.
US Pending House Resales is important is Forex market traders as it's the leading economic health indicator, as the sales of homes trigger a wide-reaching ripple effect.
EUR/USD continues to trade at 1.4137. GBP/USD at 1.6451 and CHF/USD 0.8562.
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