AUD/USD: Aussie trading lower after the RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.78% against the USD to close at 0.7143. LME Copper prices declined 0.52% or $28.0/MT to $5324.0/MT. Aluminium prices declined 0.96% or $15.5/MT to $1599.0/MT. In the Asian … Continue reading

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AUD/USD: Aussies trading higher in the Asian session

AUDUSD Movement On Friday, the AUD strengthened marginally against the USD to close at 0.7081. China, Australia’s biggest trading partner, showed that new yuan loans for August rose 809.6 billion, a decline from July’s level of 1,480.0 billion. LME Copper … Continue reading

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AUD/USD: Aussie trading lower this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.46% against the USD to close at 0.7080. LME Copper prices rose 0.63% or $34.0/MT to $5400.0/MT. Aluminium prices declined 1.26% or $20.5/MT to $1607.5/MT. China’s, Australia’s biggest … Continue reading

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AUD/USD: Australia’s unemployment rate eased in line with market expectations

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.75% against the USD to close at 0.6978. LME Copper prices rose 1.63% or $86.0/MT to $5366.0/MT. Aluminium prices rose 2.17% or $34.5/MT to $1628.0/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading higher on Governor Lowe’s optimistic view

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.38% against the USD to close at 0.7031. LME Copper prices rose 2.01% or $104.0/MT to $5280.0/MT. Aluminium prices rose 0.35% or $5.5/MT to $1593.5/MT. In the Asian … Continue reading

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AUD/USD: Aussies trading higher on improved business conditions

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.23% against the USD to close at 0.6935. China, Australia’s biggest trading partner, revised its 2014 GDP growth rate to 7.3% from a previously reported 7.4%, amid a … Continue reading

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

AUDUSD Movement On Friday, the AUD weakened 1.41% against the USD to close at 0.6918. LME Copper prices declined 1.80% or $94.5/MT to $5155.5/MT. Aluminium prices declined 0.31% or $5.0/MT to $1601.5/MT. In the Asian session, at GMT0300, the pair … 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 weakened 0.41% against the USD to close at 0.7017. LME Copper prices rose 3.13% or $159.5/MT to $5250.0/MT. Aluminium prices rose 2.32% or $ 36.5/MT to $1606.5/MT. In the … Continue reading

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AUD/USD: Australia’s retail sales missed market forecast

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.38% against the USD to close at 0.7046. LME Copper prices declined 0.09% or $4.5/MT to $5090.5/MT. Aluminium prices declined 0.48% or $7.5/MT to $1570.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s second quarter GDP grew at slower pace than market forecasts

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.39% against the USD to close at 0.7019, as manufacturing activity in China, Australia’s biggest trading partner fell into contraction territory in the month of August. LME Copper … Continue reading

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AUD/USD: AUD trading higher after RBA kept its interest rate unchanged

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.31% against the USD and closed at 0.7118. Yesterday, the new home sales in Australia dropped 0.40% MoM in July. Meanwhile, the private sector credit in Australia climbed … Continue reading

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