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2012.10.1610:56:00UTC+00Dollar Steady Ahead Of U.S. Homebuilder Confidence Report

The National Association of Home Builders is scheduled to release its report on homebuilder confidence for October at 10:00 am ET. The NAHB/Wells Fargo Housing Market Index is expected to inch up to 41 in October from 40 in September.

The US dollar held steady against its major opponents ahead of the report. As of 9:55 am ET, the greenback was trading at 78.87 against the yen, 1.6128 against the pound, 0.9263 against the Swiss franc and 1.3058 against the euro.

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