Existing Home Sales declined by 9.7% in May vs. -3% expected
Fundamental Forex Analysis

Existing Home Sales declined by 9.7% in May vs. -3% expected

Existing Home Sales in US fell more than expected in May. US Dollar Index continues to edge lower toward 97.00. Existing Home Sales in the United States declined b9.7% in May, the data published by the Nationa...

Existing Home Sales declined by 17.8% in April
Fundamental Forex Analysis

Existing Home Sales declined by 17.8% in April

Existing Home Sales in US fell less than expected in April. Median home price for existing homes rose by 7.4% annually. Existing Home Sales in the United States declined by 17.8% in April following March&#8217...

Wholesale Sales declined by 2.2% to $63.9 billion in March
Fundamental Forex Analysis

Wholesale Sales declined by 2.2% to $63.9 billion in March

Wholesale Sales in Canada fell less than expected in March. USD/CAD largely ignored the data and stays below 1.3900. Statistics Canada reported on Wednesday that Wholesale Sales in Canada contracted by 2.2% to...

US economy faces historic shock, with 16% joblessness possible
Fundamental Forex Analysis

Housing Starts declined by 30.2% in April

Housing Starts and Building Permits fell sharply in April. US Dollar Index stays in negative territory below 99.50 after data. Housing Starts in the United States plunged by 30.2% on a monthly basis in April f...

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Fundamental Forex Analysis

Manufacturing Sales declined by 9.2% in March vs. -5.7% expected

Manufacturing Sales in Canada dropped more than expected in March. USD/CAD gained traction and broke above 1.4100 after the data. Manufacturing Sales in Canada fell by 9.2% to $50.8 billion in March, the data ...

MBA Mortgage Applications declined by 17.9% in week ending Apr. 3rd
Fundamental Forex Analysis

New Home Sales declined by 15.4% in March to 627K

New Home Sales in the US declined by 15.4% in March to bring the annual rate down to 627,000, the data published jointly by the US Census Bureau and the US Department of Housing and Urban Development showed on ...

Building Permits declined by 7.3% in February
Fundamental Forex Analysis

Building Permits declined by 7.3% in February

Building Permits in Canada fell more than expected in February. USD/CAD pair continues to edge higher above 1.40 handle after data. The value of Building Permits issued by Canadian municipalities declined by 7...

MBA Mortgage Applications declined by 17.9% in week ending Apr. 3rd
Fundamental Forex Analysis

MBA Mortgage Applications declined by 17.9% in week ending Apr. 3rd

Weekly Mortgage Applications in the US fell sharply. US Dollar Index clings to small daily gains above 100 after the data. Mortgage Applications in the US declined by 17.9% in the week ending April 3rd, the da...

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Fundamental Forex Analysis

Retail Sales declined 0.5% in February vs. +0.2% expected

Monthly Retail Sales in US contracted unexpectedly in February. US Dollar Index stretches higher despite uninspiring data. Retail Sales in the United States declined by 0.5% on a monthly basis in February foll...

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Fundamental Forex Analysis

Factory Orders declined 0.5% in January vs. -0.1% expected

Factory Orders fell more than expected in January. US Dollar Index continues to push lower below 97. Factory Orders in January declined by 0.5%, or $2.3 billion, on a monthly basis following December’s i...