US: Housing Price Index edges higher to 1.8% in April

• US FHFA Housing Price Index rose 1.8% in April.
• US Dollar Index stays in the positive territory above 92.00.

The Housing Price Index released by the US Federal Housing Finance Agency (FHFA) rose by 1.8% on a monthly basis in April following March's increase of 1.6%.

Meanwhile, the annual S&P/Case-Shiller Home Price Indices arrived at 14.9% in February and surpassed the market expectation of 14.5%.

Market reaction

These data don't seem to be having a noticeable impact on the USD's performance against its rivals. As of writing, the US Dollar Index was up 0.31% on the day at 92.17.