AUD/USD: Australian retail sales rebounds above expectations in June

AUDUSD Movement On Friday, the AUD marginally strengthened against the USD to close at 0.9307. Over the weekend, China’s official non-manufacturing PMI fell to a six-month low level of 54.2 in July from 55.0 in June. LME Copper prices declined … Continue reading

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AUD/USD: AiG performance of manufacturing index comes to expansion territory in July

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.25% against the USD to close at 0.9302. LME Copper prices rose 0.6% or $ 45.5/MT to $ 7135.5/MT. Aluminium prices rose 1.7% or $ 34.0/MT to $ … Continue reading

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AUD/USD: China’s economy to rise 7.5% this year, IMF

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.65% against the USD to close at 0.9325. Yesterday, the IMF stated that Australia’s largest trading partner, China would register economic growth at about 7.5% in 2014, with … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.24% against the USD to close at 0.9386 following upbeat data from the US. LME Copper prices declined 0.2% or $16.0/MT to $ 7116.0 /MT. Aluminium prices declined … Continue reading

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AUD/USD: S&P affirms Australia’s rating at AAA/A-1+

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.12% against the USD to close at 0.9409. Yesterday, data from China, Australia’s biggest trading partner, revealed that CB leading index in China climbed to 100.06 in June, … Continue reading

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

AUDUSD Movement On Friday, the AUD weakened 0.19% against the USD to close at 0.9398. Australian Treasurer, Joe Hockey reassured New Zealand, Australia’s second biggest trading partner, that the Australian economy is in good condition and the nation is not … Continue reading

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AUD/USD: Aussie trading below its MA’s

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.25% against the USD to close at 0.9416, after the IMF lowered its growth forecast for Australia’s largest trading partner, China, to 7.4% for 2014 from previous estimate … Continue reading

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AUD/USD: Aussie on a higher footing following China PMI data

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.52% against the USD to close at 0.9440. LME Copper prices rose 0.1% or $4.5/MT to $ 7065.0/MT. Aluminium prices declined 0.5% or $9.5/MT to $ 2011.0/MT. In … Continue reading

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AUD/USD: Aussie trading on a higher footing amid upbeat inflation numbers from Australia

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.25% against the USD to close at 0.9391. LME Copper prices rose 1.0% or $71.0/MT to $ 7060.5/MT. Aluminium prices rose 1.6% or $32.5/MT to $ 2020.5/MT. In … Continue reading

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AUD/USD: Aussie reversed its losses this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.31% against the USD to close at 0.9368. LME Copper prices declined 0.5% or $37.0/MT to $ 6989.5/MT. Aluminium prices rose 1.5% or $ 29.5/MT to $ 1988.0/MT. … Continue reading

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AUD/USD: Aussie trading lower this morning

AUDUSD Movement On Friday, the AUD strengthened 0.63% against the USD to close at 0.9397. LME Copper prices declined 0.1% or $4.0/MT to $ 7026.5/MT. Aluminium prices declined 0.5% or $9.0/MT to $ 1958.5/MT. In the Asian session, at GMT0300, … Continue reading

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