Fx Primus Rebates

U.S. Housing Starts Unexpectedly Jump 3.2% In November

With a spike in new construction of multi-family homes more than offsetting a continued decrease in new construction of single-family homes, the Commerce Department released a report on Tuesday showing a substantial increase in U.S. housing starts in the month of November. The Commerce Department said housing starts jumped by 3.2 percent to an annual…

Fx Primus Rebates

Oil Prices Down 3% On Oversupply Fears

Oil prices fell around 3 percent on Tuesday to extend losses for a third straight session amid growing concerns around future oil demand in the face of rising risks to global growth. Global benchmark Brent crude fell more than 3 percent to $57.80 per barrel, after having fallen 1.1 percent on Monday. U.S. West Texas…

Fx Primus Rebates

Dollar Slightly Up After U.S. Housing Starts, Building Permits

Following the release of U.S. housing starts and building permits for November at 8:30 am ET Tuesday, the greenback rose slightly against its major counterparts. The greenback was trading at 112.39 against the yen, 0.9917 against the franc, 1.1375 against the euro and 1.2679 against the pound around 8:33 am ET. The material has been…