AUD/USD: RBA left its key interest rate unchanged for the 11th consecutive month

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.26% against the USD and closed at 0.8002. LME Copper prices rose 1.0% or $64.0/MT to $6347.0/MT. Aluminium prices rose 0.6% or $12.0/MT to $1904.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s new home sales dipped to a 4-year low level in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.19% against the USD and closed at 0.7987 on Friday. LME Copper prices declined 0.7% or $42.0/MT to $6283.0/MT. Aluminium prices declined 1.6% or $31.0/MT to $1892.0/MT. In … Continue reading

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AUD/USD: Aussie Dollar trading marginally higher in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.3% against the USD and closed at 0.7972. LME Copper prices rose 1.4% or $87.0/MT to $6325.0/MT. Aluminium prices rose x.x% or $xx.x/MT to $xxxx.x/MT. In the Asian … Continue reading

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AUD/USD: Aussie Dollar trading on a stronger footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.71% against the USD and closed at 0.7996. LME Copper prices climbed 1.4% or $88.0/MT to $6238.0/MT. Aluminium prices rose 0.8% or $15.5/MT to $1912.0/MT. In the Asian … Continue reading

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AUD/USD: Weaker wage growth and rising household debt means policy rates will stay lower for longer: RBA Governor

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.19% against the USD and closed at 0.7940. LME Copper prices jumped 2.5% or $150.0/MT to $6150.0/MT. Aluminium prices rose 0.3% or $6.5/MT to $1896.5/MT. In the Asian … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.13% against the USD and closed at 0.7925. Yesterday, the IMF slightly upgraded China’s growth forecast to 6.7% for 2017, up from 6.6% estimated earlier. LME Copper prices … Continue reading

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AUD/USD: Aussie Dollar trading higher in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.44% against the USD and closed at 0.7916 on Friday. LME Copper prices rose 1.2% or $71.5/MT to $6001.5/MT. Aluminium prices rose 0.2% or $3.0/MT to $1901.0/MT. In … Continue reading

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AUD/USD: Aussie Dollar trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.09% against the USD and closed at 0.7951. LME Copper prices declined 0.4% or $26.0/MT to $5930.0/MT. Aluminium prices declined 0.5% or $9.0/MT to $1898.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s unemployment rate remained steady in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.57% against the USD and closed at 0.7958. LME Copper prices rose 0.3% or $15.5/MT to $5956.0/MT. Aluminium prices rose 1.1% or $20.0/MT to $1907.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s Westpac leading index declined further in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.59% against the USD and closed at 0.7920. LME Copper prices declined 0.4% or $25.0/MT to $5940.5/MT. Aluminium prices declined 0.7% or $14.0/MT to $1887.0/MT. In the Asian … Continue reading

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AUD/USD: Economic outlook remains positive: RBA July meeting minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.27% against the USD and closed at 0.7801. LME Copper prices rose 1.8% or $107.5/MT to $5965.5/MT. Aluminium prices declined 0.2% or $3.0/MT to $1901.0/MT. In the Asian … Continue reading

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