The May US Home and Building Permits Home Report Absolute Figures Below Expectations. The building permits in May they reached 1.681 (annual rate) below the 1.73 million expected. This implied a fall of 3%. For their part, housing beginnings were 1,572 million, lower than the 1.63 million of the market consensus.
The dollar did not register major variations after the data. The focus is on Wednesday’s Federal Reserve decision. At 18:00 GMT the statement will be published and thirty minutes later the Jerome Powell press conference will begin.
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