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AUD/USD: Aussie still at a “uncomfortably high” level, reiterates RBA Governor, Glenn Stevens
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.59% against the USD to close at 0.9437. LME Copper prices edged up 0.5 % or $35.0/MT to $7050.0/MT. Aluminium prices rose 1.3% or $24.5/MT to $1862.0/MT. In … Continue reading
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AUD/USD: Aussie declines, hurt by a weak Australian trade balance data
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.65% against the USD to close at 0.9493, following the RBA’s decision to keep its interest rate on hold at 2.5% in June. LME Copper prices rose 0.9% … Continue reading
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AUD/USD: RBA keeps its interest rate unchanged at 2.5% in July
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.16% against the USD to close at 0.9432. LME Copper prices declined 0.3% or $21.0/MT to $6955.0/MT while Aluminium prices edged up marginally by $0.5/MT to $1850.5/MT. In … Continue reading
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AUD/USD: Aussie converging with its MA’s
AUDUSD Movement On Friday, the AUD strengthened 0.13% against the USD to close at 0.9426. LME Copper prices rose 0.6% or $39.5/MT to $6976.0/MT. Aluminium prices declined 0.4% or $7.0/MT to $1850.0/MT. In the Asian session, at GMT0300, the pair … Continue reading
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AUD/USD: Australian house price rise in-line with RBA expectations, hints RBA’s Kent
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.14% against the USD to close at 0.9414. Yesterday, Moody’s Investors Service cautioned that the recent price-rise of Australian houses could face a downward correction if the Australian … Continue reading
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AUD/USD: Aussie trading a tad lower amid a lack of economic releases from Australia
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.37% against the USD to close at 0.9401, as the latter declined following the releases of a lacklustre US GDP and durable goods orders data. LME Copper prices … 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 0.63% against the USD to close at 0.9366. LME Copper prices edged up marginally by $2.5/MT to $6898.5/MT. Aluminium prices rose 0.1% or $1.5/MT to $1858.5/MT. In the … Continue reading
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AUD/USD: Aussie trading a tad higher this morning
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.46% against the USD to close at 0.9425, benefiting from an upbeat Chinese manufacturing PMI data. LME Copper prices jumped 1.8% or $123.5/MT to $6901.0/MT. Aluminium prices rose … Continue reading
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AUD/USD: Aussie trading higher following upbeat Chinese manufacturing PMI data
AUDUSD Movement On Friday, the AUD weakened 0.15% against the USD to close at 0.9387. LME Copper prices rose 0.7% or $47.0/MT to $6777.5/MT. Aluminium prices edged up 0.1% or $1.0/MT to $1845.0/MT. In the Asian session, at GMT0300, the … Continue reading
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AUD/USD: Aussie trading a tad higher amid a lack of economic releases from Australia
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally strengthened against the USD to close at 0.9401. LME Copper prices edged down 0.1% or $8.5/MT to $6730.5/MT. Aluminium prices rose 0.8% or $15.5/MT to $1844.0/MT. In the … Continue reading
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AUD/USD: Aussie extends its gains in the morning trading hours
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.62% against the USD to close at 0.9398. LME Copper prices rose 0.4% or $28.0/MT to $6739.0/MT. Aluminium prices advanced 1.1% or $20.0/MT to $1828.5/MT. In the Asian … Continue reading
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