# AUD/USD near $0.7022 as Australian dwelling approvals rebound before RBA decision

> Australian dwelling approvals rose 5.1% in September to 17,948, led by multi-unit construction while private house approvals fell 5.3%. The Australian dollar traded near US$0.7022 in early Asian trading ahead of the RBA decision on November 3.

- Date: 2026-11-02 · published 2026-11-03T00:10:38.752Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/76435-aud-usd-near-0-7022-as-australian-dwelling-approvals-rebound-before-rba-decision
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Housing data has limited direct effect on feed commodity prices, though it informs the RBA's policy path and therefore AUD strength against the USD. The report is a routine macro release with little direct price impact.

## Read by commodity

- AUDUSD: neutral

## Sources

- fxnews.ai: https://fxnews.ai/news/audusd-near-07033-australia-september-building-approvals-rba/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.