Daytrading, Eminis, Forex trading, Swing Trading FOREX NEWS - 479802

Australian industry group-Pricewaterhouse Coopers' Australian performance of manufacturing index-PMI for October fell 1.6 points to 51.9 according to official release.

And, in September, the total number of dwelling units approved in Australia, in seasonally adjusted terms, rose 6.1% on month and 9.0% on year, Australian Bureau of Statistics said Wednesday.

Ahead of the AiG data, Australian dollar trended slightly lower against the US dollar late evening New York Tuesday. At about 5:30 pm Eastern Time, as the data was released, Aussie gained ground. Off 0.

7734, the pair grew to 0.7756 and then reversed the trend. This came following the building approvals data.

Of late, the pair has been trading in a loose range and as of 11:55 pm ET, an AUD equaled 0.7739 USD. Late evening New York Tuesday, the European currency trended higher against its Australian counterpart but weakened after 5:30 pm ET.

This came following the Australia October AiG performance of manufacturing index data. The pair weakened from 1.6500 to 1.

6450 due to the AiG data but reversed these losses amid the September building approvals data. However, lately, euro dropped off again and of late, the pair has been trading in a loose range. As of 11:55 pm ET, EUR/AUD collected 1.

6487. The British pound trended higher against its Australian counterpart, late evening New York Tuesday, but weakened after 5:30 pm ET. This came following the AiG data.

The pair weakened from 2.4655 to 2.4588 due to the release but reversed these losses amid the September building approvals data.

However, of late, cable dropped off again and has been trading choppy. At about 11:55 pm ET GBP versus AUD collected 2.4634.

Ahead of AiG indices, AUD weakened against the Japanese Yen and the pair traded at 90.37 as of 5:30 pm ET. As the data was released then, Aussie made advances and fetched 90.

62 by around 7:30 pm Eastern Time. Soon after, Aussie lost again and this was amid another Australian data. However, of late, AUD rebounded partly and has been showing sideways movement, in a loose range.

At about 11:55 pm Eastern Time the pair traded at 90.45. The Australian dollar traded higher against the Canadian currency late evening New York Tuesday and collected 0.

8707 at about 7:35 pm ET. This came after the AiG data. The September building approvals data came in shortly after weakened the pair and was worth 0.

8668 before it started another spike higher. As of 11:55 pm Eastern Time an AUD was worth 0.8707 CAD.