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      US housing starts fall 3.0% in August

      FXStreet (Córdoba) - US housing starts fell 3% from a month earlier to a seasonally adjusted annual rate of 1.126 million in August, below the 1.170 million expected by analysts.

      July housing starts were downwardly revised to a fall of 4.1% to 1.16 million units from the prior estimate of a 0.2% increase to 1.21 million.

      Meanwhile, building permits, a gauge of forthcoming construction, rose 3.5% to 1.17 million units, from a revised July rate of 1.13 million.

      EUR/USD indifferent on US data

      The common currency kept the composure vs. the dollar following today’s US releases, with EUR/USD treading water around the 1.1320 area...
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      FOMC: Market expectations and possible scenarios - Investec

      Research Team at Investec, note that with the FOMC interest rate decision looming today at 19:00 GMT, markets could see the first US Interest rate rise in 9 years.
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