The Australian dollar rose during the Thursday’s trading session, lifted by positive domestic macroeconomic data.
Australia’s trade balance widened from $0.87 billion in August to $1.75 billion in September, exceeding the median forecast of $1.42 billion. Building permits increased by 1.5% in September from the previous month on a seasonally adjusted basis. That is instead of a 0.9% drop predicted by analysts.
AUD/USD rose from 0.7675 to 0.7703 as of 10:19 GMT today, touching the daily high of 0.7725. EUR/AUD dropped from 1.5137 to 1.5113, and its daily low was at 1.5085.
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