On Thursday, the 23rd of July, 2009 at 10:00 AM ET
2 USD reports will be released, these 2 reports are dealing with “USD Existing Home Sales for the month of June”, and “USD Existing Home Sales MoM for June” reported by the National Association of Realtors .
The previous report was on June 23rd, 2009 at 10:00 AM ET, click here to see a brief review.
The forecast for the volume of “Existing Home Sales in June” is 4.82M homes, an increase over the previous sales of 4.77M homes.
I will be video monitoring the currency pair EUR/JPY and set up to trade that currency pair if the report is surprising enough to cause the market to move in a favorable way to trade. If so, I would attempt a fast in, fast out “scalp” trade.
Also, I will be watching the following currency pairs, GBP/JPY, USD/JPY, USD/CAD, EUR/USD, and GBP/USD. I will show any impressive moves
The next reporting of the USD Existing Home Sales will be on the Friday the 21st of August, 2009 at 10:00AM ET.
Stay tuned!
