Australian Dollar Slides On Building Approvals Miss, RBA Looms

Australian Dollar, Building Approvals, Talking Points:

澳大利亚元，建筑许可，谈话要点：

• Australian building approvals have come in weakly yet again

  澳大利亚建筑认证进展微弱再次

• This is yet another feeble data point as a key monetary policy decision approaches

  这是另一个微弱的数据点，因为关键的货币政策决策接近

• Markets still think a cut this month is very much in the balance

  市场仍然认为本月的削减幅度非常大

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加入我们的分析师，对所有人进行实时互动报道DailyFX网络研讨会的主要经济数据。我很高兴能帮助你。

The Australian Dollar wilted Friday on dismal news from its homelands construction sector.

澳大利亚元在周五因家乡建筑业的惨淡消息而萎靡不振。

March building approvals fell by 15.5% on the month, worse than the 12% slide expected. On the year approvals were down an eye-watering 27.3%, even worse than the 25.1% fall forecast.

3月建筑审批本月下跌15.5％，低于预期的12％下滑。年度审批数量下降了27.3％，甚至低于预期的25.1％。

These numbers come at a crucial point for the Australian Dollar which, not surprisingly, welcomed them with falls.

这些数字是澳元的关键点，这并不奇怪用瀑布欢迎他们。

The pair is now at its lowest point since January 3. Next week will bring Mays monetary policy decision from the Reserve Bank of Australia, with a rate cut in play to an extent not seen since the last actual reduction. That took place in August, 2016 when the Official Cash Rate was cut to the record low of 1.50% which has endured since.

该货币对目前处于1月3日以来的最低点。下周将带来澳大利亚储备银行的Mays货币政策决定自上次实际减少以来没有出现过降息的情况。这发生在2016年8月，当时官方现金利率降至历史最低水平1.50％，此后一直持续。

Now, thanks mainly to yet-more weak inflation data, interest-rate futures markets put the chances of a quarter-point cut at 44%. This is admittedly less than the 68% chance they ascribed to such a move right after those inflation numbers were released late last month, but its still remarkably high by recent standards.

现在，主要是因为通胀数据更加疲软，利率期货市场将四分之一的降息机会降至44％。可以肯定的是，这些通货膨胀数据在上个月末公布之后就已经有68％的可能性，但是根据最近的标准，它仍然非常高。

Those weak approvals numbers will do nothing to dissuade those who believe that next week will bring action.

那些弱者批准数字将无助于劝阻那些认为下周会采取行动的人。

AUD/USD has been struggling for a while on its daily chart, after brief burst of relative vigor earlier this year as markets moved to price in a more cautious pace of interest rate increases from the US Federal Reserve.

澳元兑美元在日线图上一直在挣扎一段时间伯爵今年，随着市场从美联储采取更谨慎的加息步伐，价格上涨。

However now markets are all too well aware that what goes for the Fed goes for the RBA too, as I argued last year that they should have been. Sure enough AUD/USD is back in the long downtrend which marked trade for most of 2018, with the lows of January back in clear sight.

然而现在市场都非常清楚对于美联储来说也是如此，因为我去年认为他们应该这样做。在澳元/美元回升的情况下，2018年大部分交易都显示交易，1月份的低点明显回归。

--- Written by David Cottle, DailyFX Research

--- David Cottle撰稿，DailyFX Research