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Tag: pending home sales

Gold Price Clinging to Highs Under $2,000, Eyes on ECB

The bias remains bullish despite minor retreats. A new higher high may activate further growth. Only a valid breakdown below the pivot point opens the door...

Gold Price Finds Breather as US Dollar Corrects After Soft Data

The bias remains bearish despite the current rebound. The US economic figures should bring sharp movements later today. Taking out the supply zone may announce a...

Forex Today: Focus shifts to German inflation data, US GDP revision

Share: Here is what you need to know on Thursday, September 28: The US Dollar (USD) continued to outperform its rivals mid-week...

Mortgage rates get close to the yearly high of 7.49%

Mortgage rates and the bond market Last week was wild for the 10-year yield, as the key support line that I have been talking...

Market Outlook for the Week of 25 – 29 September | Forexlive

Following a bustling week with significant Central Bank decisions in the limelight, the upcoming week holds the potential for a quieter economic events calendar....

Euro gives away some gains as US soft landing narrative picks up pace

Share: The Euro comes under pressure and recedes to 1.0880 vs. the US Dollar. Stocks in Europe opened Wednesday’s session on...

US: Pending Home Sales decline by 2.7% in May vs. 0.2% expected

Share: Pending Home Sales in the US unexpectedly fell in May. US Dollar Index holds in positive territory, moves off highs.  ...

GBP/USD Price Erased Gains On Positive US Data is

The bias is bearish despite temporary rebounds. The US data boosted the greenback.  The median line (ML) is seen as a major target.  The...

Home sales barely budge from April to May in sluggish spring market

A sign is posted in front of a home for sale on June 09, 2023 in San Francisco, California.Justin Sullivan | Getty ImagesSales of...

GBP/USD Outlook: Pound Recovers Amid Potential BOE Hikes

Britain’s persistently high inflation rate experienced a smaller decline than anticipated. The BOE will likely raise interest rates from 4.50% to 4.75%...

Low inventory is driving competition during a slow spring

New listings were down 19 percent during the four-week period ending May 7, while pending home sales were down 16 percent, according to a...

Gold Price Undecided at $2,000 Ahead of US Advance GDP

The XAU/USD reached a dynamic resistance and could now drop again. Poor US data could boost the yellow metal. Gold should extend...

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