Australian February building permits -0.3% m/m (expected -1.5%)

Australian February building permits -0.3% m/m

• expected -1.5%, prior +6.3%

+25.7% y/y

• prior +21.7%

***

After some optimism on this earlier:

• Bessent says Trump will announce a maximum for tariffs, countries can then bring them down

that saw AUD trade a little higher, topping just over 0.6290 a few hours after, it has subsided. All a small range so far today though:

This article was written by Eamonn Sheridan at www.forexlive.com.