US: Existing Home Sales fall unexpectedly by -0.6% to 4.92M in March

FXstreet.com (Barcelona) - Instead of improving to 5.01M in March, US existing home sales fell from 4.95M to 4.92M, disappointing analysts. February data was revised lower from 4.98M to 4.95.

Apr 22, 2013

Forex Flash: NZD/USD heading down to 0.8230 in next few weeks – Westpac

According to Global FX Strategist Sean Callow at Westpac, “We see the NZD/USD heading down to at least 0.8230 during the next few weeks.” In terms, of NZ swaps, the near term momentum is negative, suggesting a further decline to the 2.75%-2.80% area is on the cards, the RBNZ meeting on Wednesday a potential catalyst.

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Apr 22, 2013

Forex Flash: UK faces challenge of differentiating between luck and credibility - Societe Generale

Sebastien Galy, Senior FX Strategist at Societe Generale notes that he is buying EUR/GBP gamma around Carney’s start at the BoE.

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