![]() ![]() economists polled by reuters expect the numbers to reveal that durable goods orders dropped by 1.0% while core durable goods orders fell by 0.2%. economists expect the data to show that the house price index rose by 3.1% in april.įurther data that could move the eur/usd pair on tuesday will be durable goods orders. ![]() other housing data to watch on tuesday will be the house price index data. Last week, data published by the government's statistics agency revealed that housing starts and building permits did well in may, signaling that the sector was doing well. economists expect the data to show that new home sales dropped from 683k to 670k in may. the first important data will be new home sales numbers. The us will also publish important housing numbers that will shed light on the real estate industry. a higher figure is a leading indicator of retail sales. economists polled by reuters expect the data to show that consumer confidence rose from 102.3 in may to 103.7 in june. these are important since consumer spending is the biggest part of the american economy. The eur/usd pair bounced back ahead of the crucial consumer confidence numbers. the pair rose to a high of 1.0918, higher than last friday's low of 1.0846 consumer confidence data The eur/usd exchange rate recovered modestly ahead of the upcoming american consumer confidence and the important housing data.
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