Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.
The typical/expected market impact of this event is low.
The consensus forecast for NAHB Housing Market Index is 45. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The most recent announced value for NAHB Housing Market Index was 46 against a forecast of 47.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next NAHB Housing Market Index result:
Country: | United States |
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Currency: | USD |
Source: | National Association of Home Builders |
Category: | Housing Market |
Frequency: | Monthly |
Australia | Building Permits (MoM) | ||
New Zealand | Building Permits s.a. (MoM) | ||
United States | Pending Home Sales (MoM) | ||
United States | Existing Home Sales Change (MoM) | ||
United States | New Home Sales Change (MoM) | ||
United States | Housing Starts (MoM) | ||
United States | Building Permits (MoM) |