- Housing Starts and Building Permits in the US rose modestly in June.
- The US Dollar Index stays in negative territory below 98.50.
Housing Starts in the United States (US) rose by 4.6% in June to a seasonally adjusted annual rate of 1,321,000, the US Census Bureau reported on Friday. This reading followed the 9.7% decline reported in May.
In this period, Building Permits increased by 0.2% to 1,397,000.
Market reaction
These figures don’t seem to be having a significant impact on the US Dollar’s (USD) performance. At the time of press, the USD Index was down 0.35% on the day at 98.25.