Australia Building Permits (YoY) fell from previous -2.5% to -15.5% in January

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Australia Current Account Balance came in at -21.1B below forecasts (-20B) in 4Q

Australia Current Account Balance came in at -21.1B below forecasts (-20B) in 4Q
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AUD/USD under pressure on poor domestic data

AUD/USD has seen heavy selling on the back of poor domestic data, taking the exchange rate from 0.7140 down towards the 0.7220 session low ahead of the RBA monetary policy meeting, with Chinese PMIs also coming up, adding to the risk events.
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