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2013.10.3022:33:00UTC+00Aussie up 2 Pct So Far in October

  • The Aussie hopped up half a U.S. cent to $0.9504 as government data showed approvals to build new homes surged 14.4 percent in September, far above forecasts.
  • The number of approvals was the highest since March 2010 while their dollar value was the highest on record, a comfort to the Reserve Bank of Australia (RBA) which has been counting on home construction to underpin growth as mining cools.



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