AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.84% against the USD and closed at 0.7523. LME Copper prices declined 0.4% or $25.0/MT to $5782.0/MT. Aluminium prices rose 1.2% or $23.0/MT to $1881.0/MT. In the Asian … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.16% against the USD and closed at 0.7587. LME Copper prices declined 0.8% or $49.0/MT to $5807.0/MT. Aluminium prices declined 0.5% or $10.0/MT to $1858.0/MT. In the Asian … Continue reading

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AUD/USD: RBA leaves interest rate unchanged at 1.5%

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.13% against the USD and closed at 0.7583. Yesterday, data showed that Australia’s AiG performance of construction index rose to a level of 53.1 in February, from a … Continue reading

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AUD/USD: Australia’s retail sales rebounded in January

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.16% against the USD and closed at 0.7582 on Friday. LME Copper prices declined 1.4% or $84.0/MT to $5910.0/MT. Aluminium prices declined 1.0% or $20.0/MT to $1909.0/MT. In … Continue reading

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AUD/USD: Australia’s services sector contracted in February

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 1.43% against the USD and closed at 0.7570, after data indicated that Australia’s service sector activity contracted in February, thus casting doubt over the health of the nation’s … Continue reading

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AUD/USD: Australia’s trade surplus sharply narrowed in January

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.38% against the USD and closed at 0.7680. LME Copper prices rose 1.8% or $104.0/MT to $6040.0/MT. Aluminium prices rose 2.1% or $39.0/MT to $1934.0/MT. In the Asian … Continue reading

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AUD/USD: Australian economy rebounded in the final three months of 2016

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.3% against the USD and closed at 0.7651. In economic news, Australia’s AiG performance of manufacturing index advanced to a level of 59.3 in February, expanding at its … Continue reading

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AUD/USD: Australia’s HIA new home sales dipped in January

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.14% against the USD and closed at 0.7674. LME Copper prices rose 0.8% or $46.0/MT to $5927.0/MT. Aluminium prices rose 1.7% or $31.0/MT to $1908.0/MT. In the Asian … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.57% against the USD and closed at 0.7671 on Friday. LME Copper prices declined 1.8% or $110.0/MT to $5881.0/MT. Aluminium prices declined 0.3% or $5.5/MT to $1877.0/MT. In … Continue reading

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AUD/USD: RBA’s Lowe sees ‘period of stability’ in interest rates amid record debt

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.23% against the USD and closed at 0.7715. Yesterday, the Reserve Bank of Australia’s (RBA) Governor, Philip Lowe, indicated that he expects “a period of stability” in the … 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 0.35% against the USD and closed at 0.7697. LME Copper prices declined 1.0% or $58.0/MT to $5976.0/MT. Aluminium prices declined 0.3% or $5.0/MT to $1873.0/MT. In the Asian … Continue reading

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