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Michigan consumer sentiment index strengthens in November, but weaker than expectations

FXStreet (London) - The final reading of the Reuters/Michigan consumer sentiment index printed at 88.8 down from the preliminary 89.4, weaker than consensus expectations of a strengthening to 90.0. However the index strengthened from the October print of 86.9.

The economic conditions index strengthened to 102.7, up from 98.3 in October, while the economic outlook index came in at 79.9 from 79.6

AUD/JPY hovering around 100.00

AUD/JPY dropped during the European session to 99.90, falling below 100.00 for the first time in two weeks, but then rebounded modestly. The recovery from the lows found resistance at 100.30.
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US pending home sales slow in October

The Pending Home Sales Index, produced by the National Association of Realtors, decreased 1.1 percent to 104.1 in October from an upwardly-revised 105.3 in September, but is 2.2 percent higher than October 2013 (101.9).
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