Australia HIA New Home Sales (MoM) falls to -3.8% in October from 6.4%

Nov 28, 2013

USD/JPY correcting on 102.10 plateau

USD/JPY seems to be put under bearish pressure at Tokyo’s opening and stalls on corrective move above 102.10 ahead of Japanese data releases.

Poor results on HIA new home sales in Australia

HIA new home sales in Australia - month of October - came at -3.8% m/m vs 6.4% last month, with 4.6% falls in detached house sales and 1.4% rise in multi-unit sales.