The Greenback strengthened against the European single currency, following the US Building Permits data release. The EUR/USD currency pair gained 4 pips, or 0.03%, to continue fluctuating in the 1.1615 area.
The Census Bureau released Residential Building Permits data that came lower-than-expected of 1.27M, compare to forecasted 1.33M and lower from the previous period.
A member of the California Mortgage Bankers Association, Rob Chrisman said: "More talk of the difficulty builders have finding labor, as well as the constraints they are facing with higher land, labor, and material costs. Yet the Federal Reserve's Beige Book for June noted that contacts in ten out of twelve districts reporting moderate or modest growth."
| Historical Data Table: US Crude Oil Inventories | Economic Calendar for 19.07.2018 | ||||||||
| Date | 16.03.2018 | 17.04.2018 | 16.05.2018 | 19.06.2018 | 18.07.2018 | 2:00 PM | US CB Leading Index m/m | ||
| Actual | 1.30M | 1.35M | 1.35M | 1.3M | 1.27M | 2:30 PM | US Natural Gas Storage | ||
| Forecast | 1.32M | 1.33M | 1.35M | 1.35M | 1.33M | 10:45 PM | NZ Visitor Arrivals m/m | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/USD | 0.7352 | 0.73586 | 0.09% | AUD/USD | 71.75% | 28.25% | |||
| EUR/USD | 1.16128 | 1.16231 | 0.09% | EUR/USD | 60.57% | 39.43% | |||
| USD/JPY | 112.291 | 112.41 | 0.11% | USD/JPY | 44.56% | 55.44% | |||
| NZD/USD | 112.774 | 112.746 | -0.02% | NZD/USD | 67.28% | 32.72% | |||