USD News

With a drop in housing permits and weak new orders in manufacturing leading the decline, the Conference Board released a report on Friday showing a modest decrease in leading U.S. economic indicators in the month of December.

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After reporting a notable decrease in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Friday showing that sales rebounded strongly in December. NAR said existing home sales jumped 14.7 percent to an annual rate of 5.46 million in December.

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Consumer confidence in the U.S. has unexpectedly improved in the month of January, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index climbed to 98.1 in January from a downwardly revised 96.3 in December.

EURUSD M5: 10 pips range price movement by CB Consumer Confidence news event :

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With home prices in major U.S. metropolitan areas rising more than expected on a monthly basis, Standard & Poor's released a report on Tuesday showing a notable acceleration in the annual rate of home price growth in November.

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Reflecting strength across most of the country, the Commerce Department released a report on Wednesday showing that new home sales in the U.S. increased by much more than expected in the month of December. The report said new home sales jumped 10.8 percent to an annual rate of 544,000 in December.

EURUSD M5: 20 pips price movement by New Home Sales news event :

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Pending home sales in the U.S. inched slightly higher in the month of December, the National Association of Realtors revealed in a report on Thursday. NAR said its pending home sales inched up 0.1 percent to 106.8 in December from a downwardly revised 106.7 in November.

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Revised data released by the University of Michigan on Friday unexpectedly showed a deterioration in U.S. consumer sentiment in the month of January. The University of Michigan said the consumer sentiment index for January was downwardly revised to 92.0 from the preliminary reading of 93.3.

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After reporting Chicago-area business activity at a six-year low in the previous month, MNI Indicators released a report on Friday showing that activity saw a substantial rebound in the month of January.

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With a jump in spending on public construction partly offset by a drop in spending on private construction, the Commerce Department released a report on Monday showing that U.S. construction spending rose much less than expected in December.

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U.S. manufacturing activity contracted for the fourth straight month in January, according to a report released by the Institute for Supply Management, although the index of activity in the sector did show a slight increase.

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