US: Pending Home Sales rise by 0.7% in May vs. -3.7% expected
Pending Home Sales in the US rose modestly in May. US Dollar Index stays in negative territory below 104.00. The monthly data published by the National Association of Realtors showed on Monday that Pending Home Sales rose by 0.7% on a monthly basis in May following April’s decline of 4%. This print came in better than the…