EURUSD: US Building Permits

 The Greenback strengthened against the Eurozone's single currency, following the US Building Permits data report on Tuesday. The EUR/USD currency pair lost only 3 pips, or 0.03%.

The Census Bureau released the Building Permits data that came out slightly better-than-expected and instead of the forecast of 1.33M, the residential building permits grew by 1.35M in the period of March. 

Building Permits rose by 2.5% annualy, reaching the 1.354M growth pace, thus signaling how much of a construction is in the process. Moreover, single-family house building has retained close to the utmost levels ever since the recession began. 

Historical Data Bulding Permits


This overview can be used only for informational purposes. Dukascopy SA is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained.