LSE: Dollar Strengthens Ahead Of US Housing Starts, Building Permits
BRUSSELS (Alliance News) - The Commerce Department is set to release its housing starts and building permits reports for July at 8:30 am ET Tuesday. Economists expect housing starts to come in at a seasonally adjusted annual rate of 1.170 million units, while building permits are expected at 1.150 million units.
The greenback climbed against its major rivals before these reports.
The greenback was worth 1.1030 against the euro, 106.25 against the yen, 1.3146 against the pound and 1.0876 against the franc as of 8:25 am ET.
