CURRENCY
STRENGTH METER

   

ECONOMIC
NEWS

   

FOREX
NEWS TRADING

   

FOREX
LIVE TRADING

   

FOREX
EDUCATION

   

FOREX QUESTIONS
& ANSWERS

 
 
   
3rd Party Advertisement

Advertise Here  

Financial Position

US Existing Home Sales m/m 10/23/09

by Henry Liu on October 22, 2009

10:00am (NY Time) US Existing Home Sales  Forecast 5.37M      Previous 5.10M
ACTION: USD/JPY, USD/CHF                                           BUY 5.77M                SELL 4.90M

We’ll focus on the Existing Home Sales, which is expected at 5.37M;  Our tradable difference is 400K, or 0.4 Million; if the actual figure is lower, it would be bearish for the USD and good for risk aversion; if the number is higher, then it would be bullish for USD and good for risk appetite.


2 comments