News Headline Summary

UK RICS House Price Balance (Oct) M/M -7% vs. Exp. -15% (Prev. -15%, Rev. -14%)

- UK house prices fell at their slowest pace in more than two years last month as demand from prospective buyers grew, suggesting property prices may be bottoming out.

Reaction details (00:08)

- GBP/USD unmoved by the release trading at 1.5875 (-2 pips).
- The data may well grab further attention later Tuesday morning when UK participants come into the market.

13 Nov 2012 - 00:01 - Forex Data - Source: Newswires

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