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US: NAHB Housing Market Index falls to 42 in April

FXstreet.com (Barcelona) - The housing market index by NAHB eased from 44 to 42 in April, disappointing market analysts that were expecting a rise to 45.

US Apr NAHB Housing Market Index decreases to 42 vs 44 (Mar)

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Forex: USD/JPY still below 98.00 after US housing

The resumption of the profit taking momentum seen in the market after Thursday’s high at 99.94 sent the USD/JPY further down, to 97.56 low. Despite a first bounce to 98.28, the pair has been trading below the 98.00 during the most recent hours and is failing its attempts to break above.
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