The typical/expected impact on USD pairs is medium.
The consensus forecast for Building Permits (MoM) is 1.48M. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.
The most recent announced value for Building Permits (MoM) was 1.458M against a forecast of 1.514M.
Recent economic data has been moderately bearish for USD. Other recent announcements which may affect the market's interpretation of the next Building Permits (MoM) result:
Country: | United States |
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Currency: | USD |
Source: | US Census Bureau |
Category: | Housing Market |
Frequency: | Monthly |
Australia | Building Permits (MoM) | ||
New Zealand | Building Permits s.a. (MoM) | ||
United States | Pending Home Sales (MoM) | ||
United States | Housing Starts (MoM) | ||
United States | S&P/Case-Shiller Home Price Indices (YoY) | ||
United States | New Home Sales (MoM) |