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 Table: US Building Permits | Economic Calendar for 18.04.2018 | ||||||||
Date | 19.12.2017 | 18.01.2018 | 16.02.2018 | 16.03.2018 | 17.04.2018 | 8:30 AM | UK CPI y/y | ||
Actual | 1.30M | 1.30M | 1.38M | 1.30M | 1.35M | 8:30 AM | UK PPI Input m/m | ||
Forecast | 1.27M | 1.29M | 1.29M | 1.32M | 1.33M | 8:30 AM | UK RPI y/y | ||
Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
Open Price | Close Price | % Change | Longs | Shorts | |||||
AUD/USD | 0.77683 | 0.77688 | 0.01% | AUD/USD | 73.39% | 26.61% | |||
EUR/USD | 1.23604 | 1.2357 | -0.03% | EUR/USD | 46.76% | 53.24% | |||
USD/JPY | 107.086 | 107.117 | 0.03% | USD/JPY | 65.77% | 34.23% | |||
NZD/USD | 0.73401 | 0.73395 | -0.01% | NZD/USD | 44.34% | 55.66% |