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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.19% against the USD to close at 0.7511. In economic news, Australia’s foreign exchange reserves rose to A$64.3 billion in March. In the prior month, foreign exchange reserves … Continue reading

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AUD/USD: Australia’s construction sector weakened in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.78% against the USD to close at 0.7601. Yesterday, the RBA Assistant Governor, Chris Kent, indicated that inflation in Australia is expected to remain subdued over the next … Continue reading

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AUD/USD: Aussie reverses its losses in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.82% against the USD to close at 0.7542. LME Copper prices declined 0.83% or $40.0 /MT to $4776.0 /MT. Aluminium prices declined 1.64% or $25.0/MT to $1498.0 /MT. … Continue reading

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AUD/USD: The RBA kept interest rate unchanged at 2.0%

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.88% against the USD to close at 0.7605. LME Copper prices declined 1.31% or $64.0/MT to $4816.0/MT. Aluminium prices declined 0.07% or $1.0/MT to $1523.0/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading on a weaker footing in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.19% against the USD to close at 0.7680. LME Copper prices rose 0.50% or $24.5/MT to $4880.0/MT. Aluminium prices rose 2.18% or $32.5/MT to $1524.0/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded flat against the USD and closed at 0.7666. In economic news, Australia’s AIG performance of manufacturing index advanced to a level of 58.1 in March, from a reading … Continue reading

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AUD/USD: Australia’s new home sales dropped in February

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.42% against the USD to close at 0.7666. LME Copper prices rose 0.01% or $0.5/MT to $4940.0/MT. Aluminium prices rose 0.34% or $5.0/MT to $1478.0/MT. In the Asian … Continue reading

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AUD/USD: Aussie reverses its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.17% against the USD to close at 0.7634. LME Copper prices rose 0.17% or $8.5/MT to $4939.5/MT. Aluminium prices rose 0.24% or $3.5/MT to $1473.0/MT. In the Asian … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.50% against the USD to close at 0.7543. On Thursday, LME Copper prices declined 2.56% or $129.5/MT to $4931.0/MT. Aluminium prices declined 0.71% or $10.5/MT to $1469.5/MT. In … 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 weakened 1.09% against the USD to close at 0.7532. LME Copper prices declined 0.19% or $9.5/MT to $5060.5/MT. Aluminium prices declined 0.07% or $1.0/MT to $1480.0/MT. In the Asian … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.43% against the USD to close at 0.7615. Yesterday, the RBA Governor, Glenn Stevens, indicated that the Australian economy was “adjusting quite well” to lower commodity prices, but … Continue reading

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