No amount of QE is going to make people buy homes. Only job growth among the young will help absorb the overhang, and with mounting student loan arrears, even that will make housing a tough sell in the years to come.
EUR/USD holds near session highs, now at 1.3323 after weak pending home sales. 1.3360/65 is important resistance near-term. 1.3350 barriers are rumored as well.
