Home Forex US Housing Starts Up 1.9% in October, Building Permits Up 1.1%

US Housing Starts Up 1.9% in October, Building Permits Up 1.1%

by SuperiorInvest


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  • US housing starts and building permits rose in October.
  • The US dollar index is moving in a daily range above 104.00 after the data.

Monthly data released by the U.S. Census Bureau on Friday revealed that Housing Starts rose 1.9% month-on-month in October, following a 3.1% increase (revised from 7%) recorded in September.

Building permits rose 1.1% over the same period, after falling 4.5% in September.

Market reaction

United States Dollar index it showed no immediate reaction to these numbers and last traded slightly above 104.00 in its daily range.

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