- The US FHFA House Price Index rose less than expected in August.
- The US Dollar Index continues to move sideways below 94.00.
The House Price Index published by the United States Federal Housing Finance Agency (FHFA) it reached + 1% in August after a 1.4% increase in July. This reading disappointed the market’s expectation of 1.3%.
Meanwhile, the S & P / Case-Shiller home price indices fell to + 19.7% annually in August from 20%, disappointing analysts’ estimate of 20.1%.
Market reaction
These figures do not appear to have a significant impact on the performance of the dollar against its rivals. At time of writing, the US Dollar Index was virtually unchanged on the day at 93.80.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
