AUD/USD: RBA held interest rate steady at 2.0%

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.49% against the USD to close at 0.7228. Early this morning, the RBA kept interest rates unchanged at a record low of 2.0%, meeting investor expectations. Further, the … Continue reading

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AUD/USD: Aussie trading on a weaker footing, ahead of Australia’s AiG performance of manufacturing index data

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.45% against the USD to close at 0.7191. LME Copper prices declined 0.66% or $31.0/MT to $4636.0/MT. Aluminium prices rose 0.61% or $9.0/MT to $1479.5/MT. In the Asian … 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 weakened 0.44% against the USD to close at 0.7223. LME Copper prices rose 2.77% or $126.0/MT to $4667.0/MT. Aluminium prices rose 2.94% or $42.0/MT to $1470.5/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 weakened 0.12% against the USD to close at 0.7255. LME Copper prices rose 0.31% or $14.0/MT to $4541.0/MT. Aluminium prices declined 0.31% or $4.5/MT to $1428.5/MT. In the Asian … Continue reading

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AUD/USD: Aussie extends its gains in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.99% against the USD to close at 0.7264, after the RBA Governor expressed optimism over Australia’s economic outlook. Yesterday, RBA Governor, Glenn Stevens, sounded upbeat about the Australian … 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 weakened 0.54% against the USD to close at 0.7193. LME Copper prices declined 3.72% or $174.5 /MT to $4515.5 /MT. Aluminium prices declined 3.46% or $51.0 /MT to $1424.0 … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.63% against the USD to close at 0.7237. LME Copper prices rose 1.74% or $80.0/MT to $4690.0/MT. Aluminium prices rose 2.01% or $29.0/MT to $1475.0/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading tad higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.14% against the USD to close at 0.7192. Yesterday, the RBA’s Head of economic analysis, Alex Heath, stated that the decline in the value of the Australian dollar … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened marginally against the USD to close at 0.7110. LME Copper prices declined 0.66% or $31.0/MT to $4669.0/MT. Aluminium prices declined 0.62% or $9.0/MT to $1454.0/MT. In the Asian … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.23% against the USD to close at 0.7111. LME Copper prices declined 1.36% or $65.0/MT to $4700.0/MT. Aluminium prices rose 0.38% or $5.5/MT to $1463.0/MT. In economic news, … Continue reading

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AUD/USD: RBA upbeat about economic growth

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.27% against the USD to close at 0.7095. LME Copper prices declined 1.24% or $60.0/MT to $4765.0/MT. Aluminium prices declined 1.25% or $18.5/MT to $1457.5/MT. Yesterday, the RBA … Continue reading

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