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US: Pending home sales fall 1.3% in July

FXstreet.com (Córdoba) - US pending home sales fell 1.3% in July, the second consecutive decline, but still the strongest reading since April 2010 (except for the prior two months).

This reading comes in below a 0.2% rise expected by analysts. In year-on-year terms growth slipped to +6.7% from +10.9% the previous month.

USD/CHF rockets as euro breaks below 1.3320

The US Dollar is currently rallying against the Swiss Franc as more winds of war are hurting global sentiment. The USD/CHF joined its negative correlation with the EUR/USD and as it broken down the 1.3320 support, the USD/CHF jumped to intra-day highs around 0.9235.
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