The American is under pressure
With the publication of negative data on sales in the secondary real estate market in the US, the US currency was under restrained pressure.
- Sales in the secondary housing market in the US amounted to 5.38M, against the forecast of 5.61M.
- Sales in the secondary housing market in the US (m/m) amounted to -3.2%, against the forecast of 0.9%.
As a result, the secondary real estate market in the US retained the dynamics of the slowdown, which was reinforced by the overbought of the American. At the same time, the US stock markets opened with growth, which provides limited support to the American.
The main dynamics of the market remains restrained due to the expectation of the publication of the FOMC protocol, where the hints at the US monetary policy are expected.
Graph of the US dollar index. The current price is 89.70.
Hanzenko Anton