The Australian Dollar Is Treading Water But That Looks Set To Change Today

The Australian dollar is treading water, oscillating in a thin trading range overnight thanks to market holidays in the US, UK and China. Here's the scoreboard as at 7.30am AEST. AUD/USD 0.7432 , -0.0004 , -0.05% AUD/JPY 82.69 , -0.03 , -0.04% AUD/CNH 5.0674 , -0.0051 , -0.10% AUD/EUR 0.6657 , -0.0003 , -0.05% AUD/GBP 0.5788 , -0.0001 , -0.02% AUD/NZD 1.0530 , -0.0004 , -0.04% After a quiet session Monday, market interest looks set to lift today even though Chinese markets will remain closed until Wednesday. Both the US and UK will come back online, while there's a noticeable uptick in the economic data calendar. In Australia, most attention will fall on the release of building approvals figures from the ABS at 11.30am AEST.

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