New Home Sales - (USD) - 26/10

 

What is it? It's a leading indicator of economic health because the sale of a new home triggers a wide-reaching ripple effect. For example, furniture and appliances are purchased for the home, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction.

When? At 10:00am Eastern Time

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.

 

 

 

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