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 0.13% against the USD to close at 0.9269. LME Copper prices fell 0.2% or $12.0/MT to $6770.0/MT. Aluminium prices shed 1.2% or $21.0/MT to $1779.5/MT. In the Asian … Continue reading

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AUD/USD: Australian Dollar trading lower this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.17% against the USD to close at 0.9257, as the latest batch of strong economic releases in the US supported the greenback. Meanwhile, the Australian Dollar lost ground … Continue reading

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AUD/USD: IMF downgrades Australia’s growth forecast

AUDUSD Movement On Friday, the AUD strengthened marginally against the USD to close at 0.9269, in a holiday-thin trading session. Late Sunday, the IMF, in its latest regional survey, indicated that the Australian economy would have to make efforts to … Continue reading

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AUD/USD: Aussie trading tad higher this morning, following yesterday’s fall

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.22% against the USD to close at 0.9268. LME Copper prices rose 1.3% or $86.0/MT to $6731.0/MT. Aluminium prices edged up 0.3% or $5.0/MT to $1840.5/MT. In the … Continue reading

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AUD/USD: Aussie trading higher this morning, following yesterday’s fall

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.86% against the USD to close at 0.9289, following Australian consumer inflation data. LME Copper prices rose 0.2% or $16.5/MT to $6645.0/MT. Aluminium prices declined 0.6% or $11.5/MT to … Continue reading

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AUD/USD: Aussie pares gains following Australia’s consumer inflation data

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.36% against the USD to close at 0.9370. LME Copper prices edged down slightly by $2.5/MT to $6628.5/MT. Aluminium prices rose 0.5% or $10.0/MT to $1847.0/MT. In the … Continue reading

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AUD/USD: Aussie trading higher ahead of Australia’s consumer inflation data scheduled on Wednesday

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 0.9336, in an Easter Monday holiday trading session. LME Copper prices rose 0.5% or $31.0/MT to $6631.0/MT. Aluminium prices advanced 0.2% or … 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, AUD strengthened 0.32% against the USD to close at 0.9373. LME Copper prices declined 0.5% or $30.0/MT to $6600.0/MT. Aluminium prices rose 0.9% or $16.5/MT to $1833.0/MT. In the Asian session, … Continue reading

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AUD/USD: Aussie reverses its losses in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.73% against the USD to close at 0.9343, hurt by the RBA minute’s dovish stance on the Aussie. LME Copper prices declined 0.2% or $15.0/MT to $6630.0/MT. Aluminium prices … Continue reading

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AUD/USD: Aussie pares its gains following the RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.30% against the USD to close at 0.9412. LME Copper prices declined 0.6% or $41.0/MT to $6645.0/MT. Aluminium prices fell 0.4% or $7.0/MT to $1833.5/MT. In the Asian session, … Continue reading

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AUD/USD: Aussie trading tad lower amid lack of economic releases from Australia

AUDUSD Movement On Friday, the AUD strengthened marginally against the USD to close at 0.9399. LME Copper prices rose 0.7% or $48.5/MT to $6686.0/MT. Aluminium prices declined 0.7% or $13.0/MT to $1840.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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