US: NAHB Housing Market Index eases to 44 in March

FXstreet.com (Barcelona) - The March housing market index by NAHB eased from 46 to 44, contradicting the consensus for a rise to 47.

Mar 18, 2013

US NAHB Housing Market Index declines to 44 in Mar from 46 in Feb

Forex: USD/CHF trading positively at 0.9438/39

The USD/CHF faced an early rise on the heels of the news surrounding Cyprus, and for the most part the pair has held onto its gains during the European and US session. Having reached an intraday maximum of 0.9489 earlier, the pair has now found itself trading at just 0.9438/39 at the time of writing, still in positive territory up +0.05%.