Flash: Australia’s July building approvals eyed - Westpac

Australia’s July building approvals and two releases that will help shape expectations for Q2 GDP on Wed: company profits and business inventories, writes Sean Callow, FX Strategist at Westpac.
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AUD/CAD holding strong above 0.94 on Aussie gains

The AUD/CAD foreign exchange cross rate is last quoted near session highs at 0.9417 up +0.45% from previous weekly close Friday, helped on risk-on sentiment following better than expected China PMI and US stepping back from imminent attack over Syria.
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