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Derived real-time data in partnership with:
Thomson Reuters
Jul 31 - 12:12 AM
AUD/USD - Pops Higher On Strong Aus Building Data
First appeared on eFXplus on Jul 30 - 09:50 PM
  • Aus Building Approvals jumped 6.4% in June vs flat expectation
  • AUD/USD traded up to 0.7422 and is settling around 0.7420
  • Building Approvals tend to be volatile and normally not a market mover
  • AUD/USD had no reaction to China PMI, so market may have been short
  • AUD/USD resistance at 0.7465/70 where double-top and 55-day MA converge

Source:
Thomson Reuters IFR Markets

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