- Prior was 43
- Current sales 47 vs 48 prior
- Six month sales 48 vs 47 prior
Lumber prices have been really struggling and that’s not a good sign for any pickup in building this year. A rate cut might start to help in 2025 but I don’t know if 1-2 cuts this year will do it.
This article was written by Adam Button at www.forexlive.com.
Related Articles
What technical levels are in play for some of the major currencies vs the USD for Nov 22
The European data was yucky (if I can use a favorite word...
Why You Should Constantly Question the Market
While having discipline is a very important trait for a trader, we...
Gold rallies to above $2,700 on Russia-Ukraine tensions
Gold (XAU/USD) rallies for the fifth day in a row, making it...
GBP/USD: GBP has stabilized just above 1.25 – Scotiabank
UK data reports today were roundly disappointing, weighing on the Pound Sterling...
Leave a comment