AUD/USD: Aussie trading tad lower this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened marginally against the USD to close at 0.7120. LME Copper prices declined 0.97% or $47.5/MT to $4825.0/MT. Aluminium prices declined 0.57% or $8.5/MT to $1476.0/MT. In the Asian … 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 strengthened 0.76% against the USD to close at 0.7124. LME Copper prices declined 1.19% or $58.5/MT to $4872.5/MT. Aluminium prices declined 0.64% or $9.5/MT to $1484.5/MT. In China, Australia’s … Continue reading

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AUD/USD: Australia’s unemployment rate dropped to a five-month low in October

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.59% against the USD to close at 0.7070. LME Copper prices declined 0.05% or $2.5/MT to $4931.0/MT. Aluminium prices rose 0.54% or $8.0/MT to $1494.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s Westpac consumer confidence index advanced in November

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.22% against the USD to close at 0.7029. LME Copper prices declined 1.13% or $56.5/MT to $4933.5/MT. Aluminium prices declined 1.33% or $20.0/MT to $1486.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s home loan approvals surprisingly climbed in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.17% against the USD to close at 0.7045. Yesterday, the Organisation for Economic Co-operation and Development (OECD), projected Australian economy to grow by 2.6% in 2016, down from … Continue reading

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AUD/USD: Aussie reverses its losses this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.61% against the USD to close at 0.7032. LME Copper prices declined 1.05% or $53.0 /MT to $5000.0 /MT. Aluminium prices rose 1.26% or $18.5 /MT to $1491.5 … Continue reading

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AUD/USD: RBA downward revises Australia’s inflation forecast to 2.0%

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened marginally against the USD to close at 0.7147, after Australia’s construction sector expanded in October. Data showed that, Australia’s AiG performance of construction index rose to a level … Continue reading

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AUD/USD: Aussie trading higher, ahead of the RBA’s monetary policy statement

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.53% against the USD to close at 0.7145. LME Copper prices rose 0.32% or $16.5/MT to $5165.5/MT. Aluminium prices rose 0.17% or $2.5/MT to $1472.5/MT. Yesterday, the RBA … 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 0.47% against the USD to close at 0.7183. LME Copper prices rose 0.22% or $11.5/MT to $5149.0/MT. Aluminium prices rose 1.24% or $18.0/MT to $1470.0/MT. In the Asian … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.25% against the USD to close at 0.7149. LME Copper prices rose 0.04% or $2.0/MT to $5137.5/MT. Aluminium prices rose 0.31% or $4.5/MT to $1452.0/MT. In the Asian … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.69% against the USD to close at 0.7129. LME Copper prices declined 0.49% or $25.5/MT to $5135.5/MT. Aluminium prices rose 0.49% or $7.0/MT to $1447.5/MT. In the Asian … Continue reading

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