Investing.com - Financial Markets Worldwide

U.S. housing starts increase more-than-expected in August

Published 09/21/2010, 08:51 AM
EUR/USD
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Investing.com – U.S. housing starts increased more-than-expected in August, official data showed on Tuesday.

In a report, the U.S. Census Bureau said the number of housing starts rose to a seasonally adjusted 0.60 million in August, up from 0.54 million in July, whose figure was revised down from 0.55 million.

Analysts had expected housing starts to rise to 0.55 million in August.

Following the release of the data, the U.S. dollar was down against the euro, with EUR/USD gaining 0.47% to hit 1.3123.


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