- Fastest growth since January 1990
- 1091K annual pace vs +950K expected
- Housing starts at highest level since Feb 2008
- Prior housing starts reading (Oct) was 889K
- Single family starts +20.8% to 727,000 unit rate
USD firmer on the better than expected data.
US housing starts
EURUSD 1.3735 USDJPY 103.10 but GBPUSD having the spike I suggested as EURGBP breaks lower