BREAKING: USD muted after disappointing housing market data

US housing market data for April was released today at 1:30 pm BST. Report was expected to show small month-over-month increase in building permits as well as quite a big jump in housing starts, following declines in March.

Actual report turned out to be a disappointment, with housing starts growing less than expected and building permits unexpectedly dropping. However, market reaction was rather muted. EURUSD moved higher in a knee-jerk move but has quickly erased this jump and is now trading a touch lower compared to pre-release levels. US index futures are also trading lower.

US, housing market data for April

Building permits (nominal): 1440k vs 1480k expected (1467k previously)
Building permits (growth): -3.0% MoM vs 0.9% MoM expected (-3.7% MoM previously)
Housing starts (nominal): 1360k vs 1420k expected (1321k previously)
Housing starts (growth): 5.7% MoM vs 7.6% MoM expected (-14.7% MoM previously)

Source: xStation5

9 June 2026, 9:05 AM

Chart of the Day: USDNOK (09.06.2026)

9 June 2026, 8:13 AM

Economic Calendar: Awaiting US Inflation (09.06.2026)

9 June 2026, 7:15 AM

Morning Briefing: Return to Gains (09.06.2026)

8 June 2026, 6:18 PM

Currency Review: Will the ECB’s rate hike halt the dollar’s gains?

Economic reports

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days