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USD Overview (18 March 2022)

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Yesterday, USD weakened against most major currencies except JPY and CHF.

The housing data released yesterday indicated a slight decrease in the number of building approvals issued while the number of residential houses that begin construction increased in February.
- Building Permits (Actual: 1.86M, Forecast: 1.84M, Previous: 1.90M)
- Housing Starts (Actual: 1.77M, Forecast: 1.70M, Previous: 1.66M revised from 1.64M)

FOMC member Bowman will be speaking tomorrow at 0200 (GMT+8). During this time, there may be volatility in USD.

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