US New Home Sales 7/27/09

10:00am (NY Time) US New Home Sales   Forecast 353K  Previous 342K ACTION: (USD/JPY)                                                 BUY 423K             SELL 273K New Home Sales is expected at 423K, if the number is lower, it would be bad for USD, so we will look to SELL USD/JPY; if the number is higher, it would be good for USD, we could see a […]

US Existing Home Sales m/m 07/23/09

10:00am (NY Time) US Existing Home Sales        Forecast 4.82M     Previous 4.77M ACTION: USD/JPY, USD/CHF                                           BUY 5.22M                SELL 4.42M Existing Home Sales is expected at 4.82M, if the number is lower, it would be bad for the USD; if the number is higher, then it would be good for USD. Definition: Measures the annualized number of existing residential buildings […]

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