Tuesday, June 19, 2007

Dollar Little Changed Versus Euro After Release of Housing, Permits Data

(Bloomberg) -- The dollar was little changed against
the euro after a government report showed housing starts last
month in the U.S. declined while building permits increased.

Housing starts decreased to an annual rate of 1.474 million
in May, a four-month low, from a revised 1.506 million the prior
month, the Commerce Department said in Washington. The median
forecast of 68 economists in a Bloomberg survey was for a rate of
1.472 million.


Read more at Bloomberg Currencies News

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