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

AUDUSD Movement On Friday, the commodity linked AUD weakened 0.22% against the USD to close at 0.7788, as a broad strength in the greenback decreased the demand for the commodities as an alternative investment. LME Copper prices rose 1.73% or … Continue reading

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AUD/USD: The RBA cuts Australia’s economic growth and inflation forecasts

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.61% against the USD to close at 0.7805. In economic news, Australia’s AiG performance of construction index advanced to a level of 45.9 in January, from prior month’s … 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 0.25% against the USD to close at 0.7758. Yesterday, a global investment bank downgraded Australia’s economic growth prospects and projected that the RBA would again cut its benchmark … 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 weakened 0.29% against the USD to close at 0.7777. Yesterday, the AiG performance of services index in Australia climbed to a level of 49.9 in January, following a reading … Continue reading

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AUD/USD: The RBA cuts interest rates to record low of 2.25%

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.32% against the USD to close at 0.7800. LME Copper prices rose 0.54% or $30.0/MT to $5535.0/MT. Aluminium prices rose 0.79% or $14.5/MT to $1852.0/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement On Friday, the AUD strengthened 0.14% against the USD to close at 0.7781. LME Copper prices rose 2.12% or $114.5/MT to $5505.0/MT. Aluminium prices rose 0.82% or $15.0/MT to $1837.5/MT. In the Asian session, at GMT0400, the pair … 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 weakened 1.59% against the USD to close at 0.7770. LME Copper prices declined 1.73% or $95.0/MT to $5390.5/MT. Aluminium prices declined 1.46% or $27.0/MT to $1822.5/MT. In the Asian … 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 weakened 0.44% against the USD to close at 0.7896. LME Copper prices declined 1.29% or $71.5/MT to $5485.5/MT. Aluminium prices rose 0.14% or $2.5/MT to $1849.5/MT. In the Asian … Continue reading

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AUD/USD: Australia’s CPI rose less than expected in 4Q 2014

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.12% against the USD to close at 0.7931. LME Copper prices rose 1.22% or $67.0/MT to $5557.0/MT. Aluminium prices rose 1.60% or $29.0/MT to $1847.0/MT. In the Asian … 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 0.37% against the USD to close at 0.7921. LME Copper prices declined 1.63% or $91.0/MT to $5490.0/MT. Aluminium prices declined 0.68% or $12.5/MT to $1818.0/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement On Friday, the AUD weakened 1.24% against the USD to close at 0.7924, extending its previous session losses. LME Copper prices declined 0.88% or $49.5/MT to $5581.0/MT. Aluminium prices declined 0.03% or $0.5/MT to $1830.5/MT. In the Asian … Continue reading

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