AUD/USD: RBA keeps its interest rate unchanged at 2.5% in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.70% against the USD to close at 0.9241. LME Copper prices edged up 0.1% or $7.5/MT to $7003.0/MT. Aluminium prices declined 0.4% or $7.0/MT to $1816.5/MT. In the … Continue reading

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AUD/USD: Aussie trading below its MA’s

AUDUSD Movement On Friday, the AUD weakened marginally against the USD to close at 0.9306. LME Copper prices rose 0.4% or $25.5/MT to $6995.5/MT. Aluminium prices jumped 2.2% or $39.0/MT to $1823.5/MT. In the Asian session, at GMT0300, the pair … 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 0.80% against the USD to close at 0.9307, as an optimistic report on Australia’s capital spending lifted the Aussie while a lacklustre US GDP data weighed on the … Continue reading

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AUD/USD: Aussie snaps losses on the back of upbeat spending outlook

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.30% against the USD to close at 0.9233. LME Copper prices edged up 0.2% or $15.0/MT to $7035.0/MT. Aluminium prices rose 1.4% or $24.0/MT to $1801.5/MT. In the … Continue reading

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AUD/USD: Aussie extends its gains against the US Dollar in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.16% against the USD to close at 0.9261. LME Copper prices rose 0.4% or $29.0/MT to $7020.0/MT. Aluminium prices declined 0.2% or $4.0/MT to $1777.5/MT. In the Asian … Continue reading

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AUD/USD: Aussie extends its upward direction in the morning trading hours

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.10% against the USD to close at 0.9246, in a quiet trading session. LME Copper prices declined 0.4% or $30.0/MT to $6991.0/MT. Aluminium prices rose 0.3% or $5.5/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 weakened 0.21% against the USD to close at 0.9226. LME Copper prices rose 1.5% or $104.5/MT to $6945.5/MT. Aluminium prices advanced 1.8% or $31.0/MT to $1745.5/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading higher following upbeat manufacturing data from China

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.08% against the USD to close at 0.9245. LME Copper prices declined 1.2% or $81.5/MT to $6841.0/MT. Aluminium prices fell 0.4% or $7.5/MT to $1714.5/MT. In the Asian … Continue reading

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AUD/USD: Aussie continues to trade lower in the Asian trading hours

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.96% against the USD to close at 0.9238, following dovish comments by the RBA Assistant Governor, Guy Debelle’s speech. LME Copper prices shed 1.2% or $86.5/MT to $6922.5/MT. … Continue reading

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AUD/USD: Weakness in capital inflows to Australia could trigger a depreciation in the Aussie, opines RBA’s Guy Debelle

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.42% against the USD to close at 0.9328. LME Copper prices rose 0.8% or $59.0/MT to $7009.0/MT. Aluminium prices declined 0.4% or $7.0/MT to $1724.5/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading flat amid lack of Australian economic releases

AUDUSD Movement On Friday, the AUD strengthened marginally against the USD to close at 0.9365. LME Copper prices edged up marginally by $1.0/MT to $ 6950.0/MT. Aluminium prices declined 1.2% or $21.5/MT to $1731.5/MT. In the Asian session, at GMT0300, … Continue reading

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