- Housing Starts in the US declined sharply in January.
- US Dollar Index holds in positive territory slightly below 104.00.
The monthly data published by the US Census Bureau revealed on Thursday showed that Housing Starts declined by 4.5% on a monthly basis in January following December's 2.4% drop.
In the same period, Building Permits rose by 0.1% but fell short of the market expectation for an increase of 0.8%.
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