US November Pending Home Sales rises 0.2% MoM; it declines 1.6% YoY

Dec 30, 2013

USD/JPY retraces to 105.10 after touching 5-year highs

The USD/JPY is trading in consolidation mode around 105.10 right now after peaking to 105.42 in the European session, highest price since October 2008.

US: Annual Pending Home Sales fall 1.6% in November

The US Annual Pending Home Sales decreased 1.6% in November, following a 1.6% drop in October, the National Association of Realtors reported on Monday.