Housing sector in U.S. showed some improvement today, while the stock markets were less than usually concerned with the swine flu outbreak and the global recession. EUR/USD rose for the second day today and is now trading near 1.3328.
Construction spending rose by 0.3% in March compared to February level. That was the first gain in more than a year. February change was -1%. The median forecast for March was at -1.5%.
Pending home sales index rose by 3.2% in March, following 2% increase in February. According to the market analysts forecast it should have remained unchanged in March.
