The Commerce Department is scheduled to release its housing start report for August at 8:30 am ET Tuesday. Economists expect housing starts to come in at a seasonally adjusted annual rate of 1.190 million units, while building permits are expected at 1.167 million units.
Ahead of the data, the greenback climbed against its major rivals.
The greenback was worth 1.1186 against the euro, 101.85 against the yen, 0.9785 against the franc and 1.2973 against the pound as of 8:25 am ET.
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Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.