US Housing Starts rise 7% in September, Building Permits decline 4.4%

• Housing Starts rose in September but Building Permits declined.
• US Dollar Index fluctuates in daily range above 106.00 after the data.

The monthly data published by the US Census Bureau revealed on Wednesday that Housing Starts rose 7% on a monthly basis in September, following the 12.5% decline recorded in August. 

In the same period, Building Permits fell 4.4% after the 6.8% increase in August.

Market reaction

The US Dollar Index showed no immediate reaction to these figures and was last seen fluctuating in its daily range above 106.00.