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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 1.99% against the USD to close at 0.8013, extending its previous session gains. LME Copper prices rose 0.49% or $29.5/MT to $6090.5/MT. Aluminium prices rose 2.22% or $40.5/MT … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.38% against the USD to close at 0.7857. LME Copper prices rose 0.59% or $35.5/MT to $6061.0/MT. Aluminium prices declined 0.14% or $2.5/MT to $1827.5/MT. In the Asian … Continue reading

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

AUDUSD Movement On Friday, the AUD strengthened 0.65% against the USD to close at 0.7827, continuing with its previous session gains. LME Copper prices rose 1.52% or $90.5/MT to $6025.5/MT. Aluminium prices rose 1.36% or $24.5/MT to $1830.0/MT. In the … 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 strengthened 0.39% against the USD to close at 0.7776, extending its previous session gains. LME Copper prices rose 0.13% or $8.0/MT to $5935.0/MT. Aluminium prices declined 0.66% or $12.0/MT … 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 0.39% against the USD to close at 0.7746. LME Copper prices declined 0.80% or $48.0/MT to $5927.0/MT. Aluminium prices declined 0.49% or $9.0/MT to $1817.5/MT. In the Asian … Continue reading

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AUD/USD: Australia’s CPI advanced more than expected in Q1 2015

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded a tad lower against the USD to close at 0.7716. LME Copper prices declined 0.45% or $27.0/MT to $5975.0/MT. Aluminium prices declined 1.72% or $32.0/MT to $1826.5/MT. In … Continue reading

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AUD/USD: More rate cuts may come, indicated the RBA

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.02% against the USD to close at 0.7718, following downbeat comments from the RBA Governor, Glenn Stevens, after he raised prospects of further interest rate cuts, to rebalance … Continue reading

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AUD/USD: Aussie trading higher this morning

AUDUSD Movement On Friday, the AUD weakened 0.21% against the USD to close at 0.7776. LME Copper prices rose 0.45% or $27.0/MT to $6081.0/MT. Aluminium prices declined 0.59% or $11.0/MT to $1846.0/MT. In the Asian session, at GMT0300, the pair … 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 1.46% against the USD to close at 0.7793. LME Copper prices rose 2.25% or $133.5/MT to $6054.0/MT. Aluminium prices rose 2.54% or $46.0/MT to $1857.0/MT. In the Asian … Continue reading

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AUD/USD: Australian unemployment rate surprisingly fell in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.84% against the USD to close at 0.7680. LME Copper prices rose 0.07% or $4.0/MT to $5920.5/MT. Aluminium prices rose 2.29% or $40.5/MT to $1811.0/MT. In the Asian … Continue reading

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AUD/USD: The RBA must cut interest rates again, warned the IMF

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.37% against the USD to close at 0.7617. Yesterday, the IMF indicated that the RBA needs to cut its interest rates again, as inflation was slowing down too … Continue reading

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