The number of loans approved for house purchases fell to 42,792 from 43,180 in June. It was forecast to rise to 44,065 in July.
European markets are trading mixed, as traders monitor events in
The Ukrainian President Petro Poroshenko and Russian leader
French Prime Minister
Continuing early decline, the pound hit a 4-day low of 172.11 against the yen, off early high of 172.52. On the downside, the pound may face support around the 171.00 region. At Monday's close, the pair was worth 172.48.
Reversing from an early high of 1.6594 against the US dollar, the pound fell back to 1.6568 during early European deals. The next possible downside target for the pound-greenback pair is seen around the 1.645 region.
The pound held steady against the euro, trading near yesterday's close of 0.7954, after reversing from an early low of 0.7967.
After recovering from an early 4-day low of 1.5155 against the Swiss franc, the pound held steady with pair trading at 1.5172.
Looking ahead, US durable goods orders for July, US house price index and S&P/ Case-Shiller home price index for June and consumer confidence index for August are set for release in the
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