Thu, 31 Jul 2014 16:04:11 GMT
AUD/USD weakens on gloomy building approvals
The Aussie
depreciated against the U.S. Dollar today, following the issue of the
downbeat construction approvals data from Australia,
however the Fed's latest statement restricted the Greenback
growth. AUD/USD reached 0.9307 during the morning trade, but dropped
0.13% and consolidated at 0.9318. The building approvals in Australia
slipped 5% last month as compared to the projected decline of only
2%.