AUD/USD: Australia’s manufacturing sector activity accelerated in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.18% against the USD and closed at 0.7558. LME Copper prices rose 0.1% or $4.5/MT to $6761.0/MT. Aluminium prices declined 1.4% or $29.0/MT to $2033.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s building approvals surprisingly advanced in October

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.37% against the USD and closed at 0.7572. LME Copper prices declined 0.6% or $43.5/MT to $6756.5/MT. Aluminium prices declined 1.8% or $38.0/MT to $2062.0/MT. In the Asian … Continue reading

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AUD/USD: RBA to hike benchmark interest rate soon, predicts OECD

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.7600. Yesterday, the OECD stated that the Australian economy will continue to expand at a robust pace, with the labour market … Continue reading

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AUD/USD: Aussie trading flat in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly rose against the USD and closed at 0.7604. LME Copper prices declined 1.1% or $75.5/MT to $6892.0/MT. Aluminium prices rose 0.3% or $5.5/MT to $2109.5/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.1% against the USD and closed at 0.7619 on Friday. LME Copper prices rose 1.0% or $72.0/MT to $6967.5/MT. Aluminium prices rose 0.7% or $14.0/MT to $2104.0/MT. In … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.13% against the USD and closed at 0.7627. LME Copper prices rose 0.3% or $23.0/MT to $6895.5/MT. Aluminium prices rose 0.2% or $5.0/MT to $2090.0/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading a tad lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.51% against the USD and closed at 0.7617. LME Copper prices rose 0.7% or $44.5/MT to $6872.5/MT. Aluminium prices rose 1.1% or $23.0/MT to $2085.0/MT. In the Asian … Continue reading

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AUD/USD: RBA unlikely to increase interest rates in the near term: Philip Lowe

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.38% against the USD and closed at 0.7578. Yesterday, the Reserve Bank of Australia’s (RBA) Governor, Philip Lowe ruled out the possibility of a near-term interest rate hike … Continue reading

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AUD/USD: Officials concerned over wage growth timing: RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.09% against the USD and closed at 0.7549. LME Copper prices rose 0.4% or $23.5/MT to $6752.0/MT. Aluminium prices declined 0.5% or $9.5/MT to $2067.5/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.25% against the USD and closed at 0.7567 on Friday. LME Copper prices declined 0.5% or $35.5/MT to $6728.5/MT. Aluminium prices declined 1.4% or $29.0/MT to $2077.0/MT. In … Continue reading

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AUD/USD: Aussie trading a tad higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD slightly declined against the USD and closed at 0.7586. LME Copper prices rose 0.7% or $48.5/MT to $6764.0/MT. Aluminium prices rose 1.2% or $24.0/MT to $2106.0/MT. In the Asian … Continue reading

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