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US: Existing Home Sales decrease to 4.62M in January

FXStreet (Barcelona) - US Existing Home Sales were at 4.62M in January, down from 4.87M in December the National Association of Realtors informed on Friday. Analysts projected a 4.68M result.

This is a change of -5.1% from last month and below -4.3% expected.

USD/JPY prints fresh monthly high

The USD/JPY spiked to fresh February highs at the beginning of the New York session amid higher US yields although the advance was tempered by worse-than-expected US housing data.
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Flash: Point and Figure target for EUR/USD: 1.3980 - FXStreet

Goncalo Moreira CMT, FXStreet Technical Analyst notes that last Friday we saw the price making an attempt to reverse the medium-term downtrend and at the same time establishing and activating the bullish vertical count with a target at 1.4120 from the Jan low.
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