U.S. consumers have been feeling a little anxiety recently as home prices drop in many markets and inventories rise. Loans are harder to get and houses are getting harder to sell. This housing trap may bring volatility into the financial markets with this week’s data. Last week we were all a little surprised to see new home sales pop up a little. It had a very supportive affect on the equity market in the US and I think contributed to the trend on the EUR/USD. However, the news really wa[...]
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[Source: The Money Blogs]
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