US housing starts beat with 1.206 million while building permits slide to 1.119 million, below expectations. The miss on permits seems larger than the beat in starts.
USD ignores and rises slightly against the euro and the yen, while extending its losses against the pound. “Mixed” was never better defined. Update: After some choppy trading, the US dollar emerges as a winner.
Read the rest of the article US housing data comes out mixed – USD eventually rises