US housing starts fall more than forecast, building permits rise
U.S. housing starts retreated more than forecast in March, while building permits edged up, the Commerce Department data showed Tuesday.
Housing starts slipped to 1.22 million units from a revised of 1.30 million, coming below estimates of 1.25 million.
Building permits came in at 1.26 million, above a revised of 1.22 million, while analysts had predicted a rise to 1.25 million.
of 12:47 GMT, the U.S. dollar continued to trade lower versus a basket of major
currencies at 99.85, according to the dollar index.