Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The typical/expected impact on USD pairs is medium.
There is no forecast value for Pending Home Sales (MoM) yet - check back for updates.
(A summary of the historic trading range after each event is not available for Pending Home Sales (MoM). Please check the candle charts instead.)
The trading range of EURUSD was pips following the most recent Pending Home Sales (MoM).
The most recent announced value for Pending Home Sales (MoM) was -1.5% against a forecast of -2%.
Recent economic data has been moderately bearish for USD. Other recent announcements which may affect the market's interpretation of the next Pending Home Sales (MoM) result:
|Chicago Purchasing Managers' Index||Bullish change||44||55.8|
|Core Personal Consumption Expenditures - Price Index (MoM)||Bearish change||0.3%||0.2%|
|Core Personal Consumption Expenditures - Price Index (YoY)||Bearish change||3.7%||3.5%|
|Initial Jobless Claims||Bearish change||211K||218K|
|Personal Consumption Expenditures - Price Index (MoM)||Bearish change||0.4%||0%|
|Personal Consumption Expenditures - Price Index (YoY)||Bearish change||3.4%||3%|
|Personal Income (MoM)||Bearish change||0.4%||0.2%|
|Personal Spending||Bearish change||0.7%||0.2%|
|Core Personal Consumption Expenditures (QoQ)||Bearish change||2.4%||2.3%|
|Gross Domestic Product Annualized||Bullish change||4.9%||5.2%|
|Gross Domestic Product Price Index||(no change)||3.5%||3.5%|
|Personal Consumption Expenditures Prices (QoQ)||Bearish change||2.9%||2.8%|
|Housing Price Index (MoM)||(no change)||0.6%||0.6%|
|New Home Sales Change (MoM)||Bearish change||8.6%||-5.6%|
|S&P Global Composite PMI||(no change)||50.7||50.7|
|S&P Global Manufacturing PMI||Bearish change||50||49.4|
|S&P Global Services PMI||Bullish change||50.6||50.8|
|Michigan Consumer Sentiment Index||Bullish change||60.4||61.3|
|UoM 5-year Consumer Inflation Expectation||(no change)||3.2%||3.2%|
|Durable Goods Orders||Bearish change||4.6%||-5.4%|
|Durable Goods Orders ex Defense||Bearish change||5.7%||-6.7%|
|Durable Goods Orders ex Transportation||Bearish change||0.4%||0%|
|Initial Jobless Claims||Bullish change||233K||209K|
|Nondefense Capital Goods Orders ex Aircraft||Bearish change||0.5%||-0.1%|
|Existing Home Sales Change (MoM)||Bearish change||-2.2%||-4.1%|
|Building Permits (MoM)||Bullish change||1.471M||1.487M|
|Housing Starts (MoM)||Bullish change||1.346M||1.372M|
|Source:||National Association of Realtors|
|Australia||AiG Performance of Construction Index|
|Australia||Building Permits (MoM)|
|New Zealand||REINZ House Price Index (MoM)|
|New Zealand||Building Permits s.a. (MoM)|
|United States||Housing Starts (MoM)|
|United States||Building Permits (MoM)|
|United States||S&P/Case-Shiller Home Price Indices (YoY)|
|United States||New Home Sales (MoM)|
The value of Pending Home Sales (MoM) has been announced.