Daily Forex Report – USD higher, US data suggest recovery gaining momentum

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USD: Higher, housing starts rise more than expected, industrial production beats expectations JPY: Lower, manufacturing sentiment improves along with risk appetite EUR: Lower, stronger US housing data, Greek debt uncertainty, bad bank loans in Italy GBP: Mixed, claimant count posts unexpected rise, MPC vote to hold monetary policy unchanged CAD and AUD: AUD & CAD lower, RBA rate hike [...]