4/29/2021 2:07:31 PM GMT
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By Eren Sengezer
Pending Home Sales in the US rose less than expected in March.
US Dollar Index stays in the positive territory above 90.70.
Pending Home Sales in the US rose by 1.9% on a monthly basis in March following February's contraction of 11.5%, the data published by the US National Association of Realtors showed on Thursday. This reading came in worse than the market expectation for an increase of 5%.
Further details of the publication revealed that Pending Home Sales were up 23.3% on a yearly basis in March.
Market reaction
The US Dollar Index continues to extend its rebound after this report and was last seen gaining 0.18% on the day at 90.75.