News Headline Summary

UK Rightmove House Prices (Dec) M/M -3.3% (Prev. -2.6%)

- Rightmove House Prices (Dec) Y/Y 1.4% (Prev. 2.0%)

Update details:

- UK house prices in December posted their steepest monthly decline in 10 years, this in a month where sellers typically have to slash asking prices to make a deal.

Reaction details:

- GBP/USD immediately moved down 6 pips from 1.6174 to 1.6168, trades 1.6166 (-6 pips) last.

Print 00:01, 17 Dec 2012 - UK Data - Source: Newswires