A better than expected housing figure in the US: pending home sales rose by 3.4% in April, better than 0.8% expected. In addition, they came on top of an upwards revision for March: 1.2% instead of only +0.1% originally reported.
The US dollar remains strong but does not immediately react to the number.
Read the rest of the article US Pending Home Sales +3.4% – better than expected