020 7898 0500- Wednesday was a surprisingly good day for the Australian dollar after data showed that Australian building approvals fell less than expected in February. The report by Statistics Australia showed that building approvals dropped 3.2% in February, compared to the original expectation of a 4% decline. Although the figure was still in the negative, it was a light at the end of the tunnel for what was a poor March for the Australian economy.
- The Canadian dollar made a slight gain against the US dollar on Wednesday, after the US was impacted by data showing that non-farm private employment rose less than expected in March.
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