Australia May Building Approvals have arrived, -16.4 pct MoM. Key notes Australia May Building Approvals -16.4 pct MoM, s/adj (Reuters poll -10.0 pct). Australia May Private Sector House Approvals -4.4 pct MoM, s/adj. The Aussie was little changed on the data, down a few pips while awaiting the more crucial US data later this week and interim numbers from China in the Markit/Caixin manufacturing PMI. AUD/USD outlook AUD/USD Forecast: Holding in range, bulls still surging on dips Description of the Building Permits The Building Permits released by the Australian Bureau of Statistics shows the number of permits for new construction projects. It implies the movement of corporate investments (the Australian economic development). It tends to cause some volatility to the AUD. The more growing number of permits, the more positive (or bullish) for the AUD. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Maker Market Analysis: Kyber’s KNC and 0x’s ZRX now accepted as collateral assets, MKR/USD strings together four straight bullish sessions FX Street 2 years Australia May Building Approvals have arrived, -16.4 pct MoM. Key notes Australia May Building Approvals -16.4 pct MoM, s/adj (Reuters poll -10.0 pct). Australia May Private Sector House Approvals -4.4 pct MoM, s/adj. The Aussie was little changed on the data, down a few pips while awaiting the more crucial US data later this week and interim numbers from China in the Markit/Caixin manufacturing PMI. AUD/USD outlook AUD/USD Forecast: Holding in range, bulls still surging on dips Description of the Building Permits The Building Permits released by the Australian Bureau of Statistics shows the number of permits for new construction projects. It implies the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
