News Headline Summary

UK RICS House Price Balance (Jan) M/M -4% vs. Exp. 1% (Prev. 0%, Rev. -1%)

- The UK house prices index fell in January as heavy snow affecting most of the country depressed interest from potential buyers, according to the Royal Institute of Chartered Surveyors.

Reaction details:

- In an immediate reaction, GBP/USD moved lower by 5 pips from 1.5654 to 1.5649, trades 1.5653 (-4 pips) last.

Print 00:01, 12 Feb 2013 - Asian News - Source: Newswires