Housing Starts in the US fell 14.7% in March to 1.32 million units, the monthly data published by the US Census Bureau revealed on Tuesday. This reading followed the 12.7% increase (revised from 10.7%) recorded in February.
In the same period, Building Permits declined 4.3% after rising 2.3% (revised from 1.9%) in January.
The US Dollar Index edged lower with the immediate reaction and was last seen trading flat on the day at 106.15.