The US yield cost data was near market expectations using a 0.7% headline growth while the inherent increase was held to 0.1percent. The US housing statistics was substantially weaker than anticipated with a 17.6% fall in housing starts for March. The report will keep worries that the US economy is slowing down and this may often weaken the US money though influenced by weather conditions. The information will provide an important evaluation of buck service past the 1.30 level against the Euro.

Analysis provided by http://www.fxtoday.co.uk