US Existing Home sales and leading indicators for the month of April decline
Existing Home Sales for the month of April came out at 5.05 million against a previous 5.10 million and an expected 5.20 million.
Even the monthly data for US leading indicators was negative. The figure releases was of -0.3% against a previous 0.4% and an expected 0.1%. The leading indicators is a composite of ten key indicators and attempts to gauge the health of economic growth.
At the time of the releases the euro made some gains but these gains were soon reversed.
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