Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.
The typical/expected impact on USD pairs is medium.
There is no forecast value for Housing Starts (MoM) yet - check back for updates.
(A summary of the historic trading range after each event is not available for Housing Starts (MoM). Please check the candle charts instead.)
The trading range of EURUSD was pips following the most recent Housing Starts (MoM).
The most recent announced value for Housing Starts (MoM) was 1.283M against a forecast of 1.44M.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Housing Starts (MoM) result:
|S&P Global Composite PMI||Bearish change||50.2||50.1|
|S&P Global Manufacturing PMI||Bullish change||47.9||48.9|
|S&P Global Services PMI||Bearish change||50.5||50.2|
|Existing Home Sales Change (MoM)||Bullish change||-2.2%||-0.7%|
|Initial Jobless Claims||Bullish change||221K||201K|
|Philadelphia Fed Manufacturing Survey||Bearish change||12||-13.5|
|Fed Interest Rate Decision||(no change)||5.5%||5.5%|
|Interest Rate Projections - 1st year||Bullish change||4.6%||5.1%|
|Interest Rate Projections - 2nd year||Bullish change||3.4%||3.9%|
|Interest Rate Projections - 3rd year||Bearish change||3.1%||2.9%|
|Interest Rate Projections - Current||(no change)||5.6%||5.6%|
|Interest Rate Projections - Longer||(no change)||2.5%||2.5%|
|Building Permits (MoM)||Bullish change||1.443M||1.543M|
|Michigan Consumer Sentiment Index||Bearish change||69.5||67.7|
|UoM 5-year Consumer Inflation Expectation||Bearish change||3%||2.7%|
|Industrial Production (MoM)||Bearish change||0.7%||0.4%|
|NY Empire State Manufacturing Index||Bullish change||-19||1.9|
|Initial Jobless Claims||Bearish change||217K||220K|
|Producer Price Index (MoM)||Bullish change||0.4%||0.7%|
|Producer Price Index (YoY)||Bullish change||0.8%||1.6%|
|Producer Price Index ex Food & Energy (MoM)||Bearish change||0.4%||0.2%|
|Producer Price Index ex Food & Energy (YoY)||Bearish change||2.4%||2.2%|
|Retail Sales (MoM)||Bullish change||0.5%||0.6%|
|Retail Sales Control Group||Bearish change||0.7%||0.1%|
|Retail Sales ex Autos (MoM)||Bearish change||0.7%||0.6%|
|Monthly Budget Statement||Bullish change||$-221B||$89B|
|Consumer Price Index (MoM)||Bullish change||0.2%||0.6%|
|Consumer Price Index (YoY)||Bullish change||3.2%||3.7%|
|Consumer Price Index ex Food & Energy (MoM)||Bullish change||0.2%||0.3%|
|Consumer Price Index ex Food & Energy (YoY)||Bearish change||4.7%||4.3%|
|Source:||US Census Bureau|
|Australia||AiG Performance of Construction Index|
|Australia||Building Permits (MoM)|
|New Zealand||REINZ House Price Index (MoM)|
|New Zealand||Building Permits s.a. (MoM)|
|United States||Pending Home Sales (MoM)|
|United States||Building Permits (MoM)|
|United States||S&P/Case-Shiller Home Price Indices (YoY)|
|United States||New Home Sales (MoM)|
The value of Housing Starts (MoM) has been announced.