U.S. housing data…

Thursday, 16 August 2012 07:10

The U.S. Commerce Department informed today that surprisingly number of building permits issued in July increased by 6.8% to give total of 0.812 million.
It is the highest reading in the last four years.
The report also showed that at the same time housing starts index fell by 1.1% to total of 0.746 million in July.
Analysts expected a reading of 0.756 million instead.
The couple EUR/USD was traded at 1.2310 after data release.