U.S. Dollar Index Steady After Data

The March U.S. Dollar is trading steady to higher. January housing starts were down -2.0 percent to 1.065, a little better than expected. Permits were down -0.7 percent to 1.053, a little worse than expected. January PPI was down -0.8 percent, worse than expected. The core PPI was -0.1 percent; the year-over-year core is now +1.6, percent, a bit worse than expected.