Preview – USD New Home Sales and USD New Home Sales MoM reports


Tomorrow, Wednesday, 02-24-10 at 10:00 AM ET, the USD New Home Sales monthly report will be released by the Census Bureau.

Also, Treasury Sec Geithner Speaks and Fed Chairman Bernanke Testifies

I did a “follow up” of these reports on Friday, 02-05-10, click here for a review.

Here is what is coming up tomorrow:

USD – New Home Sales – Stats

Previous = 342K

Forecast = 354K

Here is how I am set up for tomorrow:

USD-8-00AM-02-24-10
Looking for a 30K difference
Actual > Forecast = Good for USD
USD New Home Sales
——actual———-forecast———-previous
________________354K________342K
Out at 324K or lower – BUY GBP/USD
Out at 384K  or higher- SELL GBP/USD

Remember, what has happened in the past may not repeat itself under similar circumstances.

I did write a “follow up” post of these reports, click here to see what happened.

The next scheduled report is on Wednesday 02-24-10 at 10:00 AM ET.

I will probably post a “preview” a day or two prior.

Stay tuned!

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This entry was written by shark, posted on February 23, 2010 at 5:02 am, filed under Housing Reports and tagged , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL.

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  1. By Follow up – USD New Home Sales and New Home Sales MoM reports - The Fundamental FOREX Blog on February 27, 2010 at 3:57 am

    [...] did a “preview” of these reports on Tuesday, 02-23-10 at 10:00 AM ET, click here for a [...]

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