US: Pending Home Sales decrease by 0.3% in December vs. -0.1% expected

• Pending Home Sales in the US fell more than expected in December.
• US Dollar Index continues to fluctuate below 90.50 after the data.

Pending Home Sales in the US decreased by 0.3% on a monthly basis in December following November's decline of 2.5%, the data published by the US National Association of Realtors showed on Friday. This reading came in slightly lower than the market expectation for a fall of 0.1%.

On a yearly basis, Pending Home Sales increased by 21.4%.

Market reaction 

This report doesn't seem to be having a noticeable impact on the greenback's performance against its major rivals. As of writing, the US Dollar Index was down 0.03% on the day at 90.43.