Forex Trading 28-05-09 / Video
Kategorie: Dollar Forex, 28.Mai 2009
EUR / USD after better-than-expected U.S. growth data stronger, but again could not pass the 1.39 mark.
The U.S. durable goods orders surprised in April with an increase of 1.9% per month compared. Economists expected only a increase of 0.5%. The previous month's data was revidsed downwards from -0.8% to -2.1% significantly.
The U.S. initial applications for unemployment benefits fell in the week to 23 May to 623,000 (consensus 630,000). The pre week data was also revised from 631,000 to 636,000.
U.S. sales of new buildings lower than expected
The new U.S. home sales in April are with 352,000 somewhat weaker than the consensus of 360,000 expected. Furthermore, the previous month's figure have been revised from 356,000 to 351,000 downwards.
The ratio of homes for sale and homes sold, fell from 10.6 to 10.1. A dramatic drop shows the average price for a new property in April from 246,400 USD in the same month last year to the current 209,700 USD. EUR / USD reacted to the figures with slight losses, but still remains above the 1.39 mark and he was traded at 14:40 UTC with 1.3930.