A few have it a little early (including ForexLive readers now :-D )

Its not usually much of an FX rate mover (well, not at all really) ... but there you go.

We've had a good bit of news out on the Aussie housing market this week

  • Australia data - CoreLogic RP house price index (April) +1.7% m/m
  • Australia - Building approvals for March: +3.7 % m/m (expected -2.0%)

Which point to continued growth in the sector, and continued house price rises

And, of course, this ... which will be more fuel to the fire:

  • RBA announcement: Cuts rates by 25 bp