Housing Starts and Building Permits declined sharply in June.
US Dollar Index stays in positive territory above 100.00.
The monthly data published by the US Census Bureau revealed on Wednesday that Housing Starts declined 8% on a monthly basis in June, following the 15.7% increase (revised from 21.7%) recorded in May. This reading came in much worse than the market expectation for a growth of 7.2%.
In the same period, Building Permits fell 3.7%, down sharply from May's 5.6% increase.