Huge jump in Australian building permits

FXstreet.com (Barcelona) - Australia Building approvals for September came surprisingly high at 14.4% m/m vs. expected +2.8%. Meanwhile, Sept private sector house approvals stood at +1.5% m/m, s/adj, with Sept private-sector credit +0.3% m/m, s/adj vs RBA predictions of +0.4%. Sept housing credit +0.4% m/m, s/adj.

Australia: Private Sector Credit (YoY) (September): 3.3% vs 3.4%

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NZD/USD on trading range below 0.8250

NZD/USD continues trading low key despite attempts to fly higher. Market participants favored the greenback after the Fed maintained its monetary policy.
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