US: Housing starts fell by 0.2% in April, Building Permits fell by 3.2%
|- Housing Starts and Building Permits both fell in April.
- The US dollar did not see a lasting reaction to the data.
Housing Starts in the US fell 0.2% in April to 1.724M, below last month's 1.728M and expectations for a rise to 1.765M. Building Permits, meanwhile, fell from 1.879M in March to 1.819M in April, a drop of 3.2%. That was above the expected drop to 1.812M.
Market Reaction
The DXY did not react to the latest US housing figures and continues to trade in the mid-103.00s, below earlier session highs in the 103.75 area.
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