US Housing Starts rise 7% in September, Building Permits decline 4.4%

Housing Starts rose in September but Building Permits declined.
US Dollar Index fluctuates in daily range above 106.00 after the data.

Eren Sengezer FXStreet

The monthly data published by the US Census Bureau revealed on Wednesday that Housing Starts rose 7% on a monthly basis in September, following the 12.5% decline recorded in August.

In the same period, Building Permits fell 4.4% after the 6.8% increase in August.

Market reaction

The US Dollar Index showed no immediate reaction to these figures and was last seen fluctuating in its daily range above 106.00.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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