AUD drifting ahead of construction data - MarketPulse
AUD drifting ahead of construction data May 25, 2021SharePrint The Australian dollar is flat in the Tuesday session. In the North American session, AUD/USD is trading at 0.7754, up 0.01% on the day. Will Construction Work Done rebound? Investors will be keeping an eye on Construction Work Done, a useful gauge of the strength of the construction sector (Wednesday, 1:30 GMT). Construction Work Done has sputtered, posting 10 straight losing quarters. However, the consensus is that the indicator will show a strong rebound in the first quarter, with an estimate of 1.9%. If the reading is within e...