US Pending Home Sales unchanged in November

• Pending Home Sales in the US declined 5.2% on a yearly basis in November.
• US Dollar Index stays in negative territory below 101.00.

Pending Home Sales in the US were unchanged on a monthly basis in November, the National Association of Realtors reported on Thursday. This reading followed a 1.2% decrease recorded in October and came in weaker than the market expectation for an increase of 1%. On a yearly basis, Pending Home Sales fell 5.2%. 

Market reaction

The US Dollar showed no immediate reaction to this data. At the time of press, the US Dollar Index was down 0.12% on a daily basis at 100.82.