AUD/USD: Aussie reverses its losses 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 0.8382. Yesterday, the AiG performance of construction index in Australia eased to 45.4, following a reading of 53.4 registered in the … 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 0.66% against the USD to close at 0.8392. LME Copper prices declined 0.06% or $4.0/MT to $6451.0/MT. Aluminium prices declined 2.38% or $48.0/MT to $1967.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s GDP growth missed forecasts in Q3

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.57% against the USD to close at 0.8448. In economic news, Australia’s AiG performance of service index rose to 43.8 in November from prior month’s level of 43.6. … Continue reading

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AUD/USD: The RBA kept interest rates unchanged at 2.5%

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.22% against the USD to close at 0.8496. LME Copper prices declined 2.00% or $130.5/MT to $6385.0/MT. Aluminium prices declined 2.44% or $50.5/MT to $2021.0/MT. In the Asian … Continue reading

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

AUDUSD Movement On Friday, the AUD weakened 0.25% against the USD to close at 0.8506. Over the weekend, data from Australia indicated that the nations’ AiG performance of manufacturing index expanded to a level of 50.1 in November from preceding … 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 0.12% against the USD to close at 0.8527, reversing its previous session gains. LME Copper prices declined 0.41% or $27.5/MT to $6621.5/MT. Aluminium prices remained flat or $0.0/MT … 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 strengthened 0.06% against the USD to close at 0.8537, rebounding from its previous session losses. LME Copper prices declined 0.70% or $47.0/MT to $6649.0/MT. Aluminium prices rose 0.72% or … 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 0.96% against the USD to close at 0.8532. Yesterday, the RBA, Deputy Governor, warned that the “Aussie” has persistently remained at unusually high levels and is set to … 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 0.73% against the USD to close at 0.8615. Yesterday, a survey indicated that mining sector’s contribution in the Australian economy would continue to grow strongly, despite a 40% … Continue reading

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AUD/USD: Aussie extends its gains this morning

AUDUSD Movement On Friday, the AUD strengthened 0.55% against the USD to close at 0.8665. In China, Australia’s biggest trading partner, the PBoC surprisingly cut its benchmark interest rates for the first time since July 2012, to help support the … 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 0.19% against the USD to close at 0.8618. LME Copper prices declined 0.40% or $27.0/MT to $6688.0/MT. Aluminium prices declined 0.40% or $8.0/MT to $2017.0/MT. In the Asian … Continue reading

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