EUR/USD: US Building Permits
The Greenback weakened against the Eurozone's single currency, following US Retail Sales data release on Tuesday. The EUR/USD currency pair gained only 2 pips, or 0.02%, to continue fluctuating in the 1.1805 area.
The Census Bureau released two data sets simultaneously, where Residential Building Permits for the month of April came out in line with a forecast of 1.35M, moreover, the same number was released in the previous period.
The US Dollar's slight weakening may be affected due to the lower-than-expected Housing Starts data of 1.29M, compared to the forecast of 1.32M.
Interested in EURUSD technicals? Check out the key levels
- R3 1.1946
- R2 1.19
- R1 1.1854
- PP 1.1808
- S1 1.1762
- S2 1.1717
- S3 1.167
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