Preview – USD New Home Sales report


Tomorrow, Monday, 07-26-10 at 10:00 AM ET, the USD New Home Sales monthly report will be released by the Census Bureau

I did a “follow up” of the last “preview” post of these reports on Sunday, 07-04-10, click here for a review.

Here is what is coming up tomorrow:

USD – New Home Sales – Stats

Previous = 300K

Forecast = 317K

Here is how I am set up for tomorrow:

USD-10-00AM-ET-07-26-10
Looking for a 30K difference
Actual > Forecast = Good for USD
USD New Home Sales
——actual———-forecast——-previous
________________317K______300K
Out at 287K or lower – BUY EUR/USD
Out at 330K  or higher- SELL EUR/USD

Will the “New Home Sales” improve? We will see!!

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, 08-25-10 at 10:00 AM ET.

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

Stay tuned!

This entry was written by shark, posted on July 25, 2010 at 5:25 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 report - The Fundamental FOREX Blog on July 27, 2010 at 9:40 am

    [...] did a “preview” of these reports on Sunday, 07-25-10 at 10:00 AM ET, click here for a [...]

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