Fresh lows in EURUSD following NAHB

An early release of the NAHB Housing Index has helped EURUSD to break to fresh session lows near 1.3370 (but little else). The index rose from 53.0 to 55.0, beating consensus, which looked for no change.

Details show improvements in both the single family present and future indices. Regionally, the Midwest posted the largest gain (+13points) followed by the Northeast (+3points). The South softened (-2points) along with the West (-1point).