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Forex Flash: Aus building approvals eyed - NAB

FXstreet.com (Barcelona) - Today in Australia, as NAB notes, "March building approvals are expected to show a small
2.5% rise vs the 3.1% gain in February, providing some confidence that the construction outlook is continuing to improve slowly."

NAB adds: "In recent months however, most of the growth has been in multi-unit dwellings, so it would be more convincing if we were to see some uptick in private detached housing activity."

Forex: EUR/USD closes its fourth day of gains but remains below 1.3200

After testing the highest level since February 25 at 1.3241 in the early American session, the EUR/USD traded lower on the rest of the session with the pair pricing back below the 1.3200 area at 1.3180. Wednesday was the fourth positive day in row but as FXstreet.com's analyst Valeria Bednarik commented in a recent report, "despite the strong upward momentum seen in European currencies this Wednesday, the upward continuation is not a done deal."
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Forex: USD index finds an alley on FOMC

USD index is last trading around the 81.63 level, recovering from fresh 2-month lows at 81.33, printed on the back of lower than expected US ADP employment data, showing an increase estimate of +119k, when +154k was expected, coming from previous month of +131k. The index has lost -0.91% in value for the week so far. USD index found support around the 81.40 level following FOMC statement.
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