Forex: Dollar falls on US Pending Home Sales (Buenos Aires) – US Pending home sales come out quite negative falling 1.8% from a previous monthly increase of 4.3%, and against an expected 3.2% rise. Dollar is slightly down across the board, and off recent highs against Euro and Yen.

Commodity currencies are testing daily highs. USD/CAD is trading below parity level and AUD/USD is approaching 1.0170.

Stocks in the US were not affected by the report and moved away from session lows. Gold remains close to $1,400 an ounce.

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