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US Existing Home Sales +5% to 4.61 MLN annual rate

US Existing Home Sales +5% to 4.61 MLN annual rate

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Ed Craven
20/01/2012 | 15:02 GMT

Why is the Fed talking about targeting the housing market with a third round of QE? Seems to be recovering, albeit slowly, on its own… The December data was an 11-month high.

Not much reaction to the data. EUR/USD trades at 1.2917.

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