Friday , 22 November 2024
Home Forex Canada Building permits for July 22.1% vs 7.1% estimate
Forex

Canada Building permits for July 22.1% vs 7.1% estimate

  • Prior month -13.9% revised to -13.0%
  • Building permits 22.1% vs +7.1% estimate

Building permits can swing back and forth. It is hard to make judgments when the changes are double digit one way and the other. The good news is that there does need to be more housing in Canada (Adam harps on that). So the increase is welcomed.

This article was written by Greg Michalowski at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USDCHF Technical Analysis – The USD gets a bid on weak Eurozone PMIs

Fundamental OverviewOverall, we’ve seen a rangebound price action in the US Dollar...

US Dollar surges to two-year high as Eurozone PMIs disappoint

The US Dollar (USD) jumps on Friday to its highest level in...

USD: Moderately hawkish remarks from Williams – ING

Yesterday’s US Dollar (USD) rally led to a break below the key...

Pound Sterling weakens as UK Retail Sales, flash PMI declines

The Pound Sterling (GBP) weakens against a majority of its peers, except...