AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.64% against the USD to close at 0.9221, buoyed by the RBA Governor, Glenn Stevens’ optimistic comments on the growth of the Australian economy. LME Copper prices declined 0.1% … Continue reading →

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.37% against the USD to close at 0.9161. Yesterday, the Reserve Bank of Australia (RBA) Deputy Governor, Philip Lowe hinted towards the need for a further deprecation in the … Continue reading →

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.37% against the USD to close at 0.9127. Late Yesterday, Fitch Ratings affirmed its “AAA” rating on Australia’s long-term foreign and local currency IDRs with a “Stable” outlook, by … Continue reading →

AUDUSD Movement On Friday, the AUD strengthened 0.56% against the USD to close at 0.9088. LME Copper prices rose 1.6% or $105.0/MT to $6539.5/MT. Aluminium prices advanced 0.2% or $3.0/MT to $1677.0/MT. In the Asian session, at GMT0400, the pair … Continue reading →

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.09% against the USD to close at 0.9037. LME Copper prices declined 0.2% or $11.5/MT to $6434.5/MT. Aluminium prices rose 0.1% or $2.0/MT to $1674.0/MT. In the Asian session, … Continue reading →

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 1.10% against the USD to close at 0.9031. Yesterday, the Fitch rating agency, in a note, dampened negative sentiments for a drastic decline in Chinese demand for Australian commodities, … Continue reading →

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.53% against the USD to close at 0.9131 as risk appetite among investor got a lift from President Vladimir Putin’s comments that Russia wasn’t seeking to split Ukraine further. … Continue reading →

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.63% against the USD to close at 0.9084, after the Westpac Banking Corp dropped its view for an additional easing measure by the Reserve Bank of Australia (RBA) and … Continue reading →

AUDUSD Movement On Friday, the AUD weakened marginally against the USD to close at 0.9025, amid concerns over the economic growth-outlook of its largest trading partner, China. LME Copper prices declined 0.1% or $5.0/MT to $6490.0/MT. Aluminium prices fell 0.3% … Continue reading →

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.34% against the USD to close at 0.9030, on positive reaction to Australia’s upbeat employment data. However, the latest batch of soft economic releases from China, Australia’s largest trading … Continue reading →

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.35% against the USD to close at 0.8997. Yesterday, the Reserve Bank of Australia (RBA) Deputy Governor, Philip Lowe pointed out to the decline in the nation’s labour participation … Continue reading →