A bullish dollar in trading yesterday after the unemployment claims registered a bigger drop than expected saw Australian dollar fall to 40 pips away from 0.8500. The AIG construction index registered a reading of 53.4, signaling expansion but at a lower pace than the previous month. Monetary Policy meeting minutes by the RBA are released today and hints at growth in China as the main indication of growth that will correlate with how Australia is faring. The recent easing in Japan will likely lead to investors seeking higher yield gains and may see capital flocking to Australia, driving up exchange rates. The RBA seeks to be accommodative, and despite the recent decline in rates, it is still in favour of a lower rate closer to its fundamental value.