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Australian Currency Data

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Surprisingly positive economic findings were released by the Australian Statistics.
While the analysts were expecting the same indicators, the volume of retail sales expanded in April by 0.9% on the annual basis showing a growth of 1.8%.
An surge of approved building permits number by 7.4% was not expected as well, moreover, the analytical forecasts promised just a 3.2% upturn.
An optimistic report has attracted the investors' attention to the Austraian dollar, which was under pressure last week being at its annual bottom.
After the report publication the Aussie had corrected its trend versus the American unit upwards by 100 points to the level of 1 dollar 2 cents.
A pleasant supplement to the above mentioned indicators have become the Reserve Bank of Australia reports: the business confidence index had sharpened by 4 points for April.

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