Housing starts in the U.S. declined by 0.3% in March. US Dollar Index preserves Thursday’s gains. Eurozone consumer sentiment data next week will be the next catalyst. The EUR/USD pair paid no mind to the housing market data from the United States at the start of the NA session. With the trading volume staying thin amid the Easter holiday, the pair continues to move sideways near mid-1.12s and looks to close the day with small gains. On a weekly basis, the pair is losing around 50 pips, reflecting the negative impact of the disappointing Manufacturing PMI data from Germany and the eurozone on the shared currency. Commenting on the eurozone April PMI reports, “The persistence of the business survey weakness raises questions over the economy’s ability to grow by more than 1% in 2019,” Chris Williamson, Chief Business Economist at the IHS Markit, said. Today’s only data from the U.S. revealed that housing starts and building permits in March declined by 0.3% and 1.7%, respectively, and both readings came in worse than analysts’ estimates. Nevertheless, the US Dollar Index, which gained traction in the second half of the week with the risk-off atmosphere ramping up the demand for the greenback, continues to float above the 97.30 mark, not allowing the pair to stage a recovery. On Monday, the FX market activity is expected to stay subdued with the majority of Europe observing Easter Monday. The next catalyst for the shared currency could be the eurozone Consumer Confidence report published by the European Commission on Tuesday. Technical levels to consider FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Canada: Real retail sales likely contracted again in Q1 – NBF FX Street 4 years Housing starts in the U.S. declined by 0.3% in March. US Dollar Index preserves Thursday's gains. Eurozone consumer sentiment data next week will be the next catalyst. The EUR/USD pair paid no mind to the housing market data from the United States at the start of the NA session. With the trading volume staying thin amid the Easter holiday, the pair continues to move sideways near mid-1.12s and looks to close the day with small gains. On a weekly basis, the pair is losing around 50 pips, reflecting the negative impact of the disappointing Manufacturing PMI data from Germany… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.