AUD/USD: Aussie trading lower amid a lack of domestic economic releases

AUDUSD Movement On Friday, the AUD strengthened 0.16% against the USD to close at 0.8961 and recorded its biggest weekly advance in five months as the currency continued to benefit from the Reserve Bank of Australia’s decision to upgrade its … Continue reading

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AUD/USD: RBA upgraded its growth and inflation outlook on the Australian economy for 2014

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.22 % against the USD to close at 0.8947. LME Copper prices rose 0.2% or $13.0/MT to $7109.0/MT. Aluminium prices declined 0.5% or $8.5/MT to $1654.5/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading higher on upbeat domestic data

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.19% against the USD to close at 0.8928. LME Copper prices declined 0.2% or $11.0/MT to $7096.0/MT. Aluminium prices rose 1.3% or $21.5/MT to $1663.0/MT. In the Asian session, … Continue reading

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AUD/USD: Australian service sector moving towards expansion, indicates AiG survey report

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 1.87% against the USD to close at 0.8912, buoyed by Reserve Bank of Australia (RBA)’s decision to keep its key interest rate unchanged at 2.5%. LME Copper prices rose … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.07% against the USD to close at 0.8748. LME Copper prices rose 0.1% or $4.5/MT to $7095.5/MT. Aluminium prices declined 0.3% or $5.0/MT to $1658.5/MT. In the Asian session, … Continue reading

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AUD/USD: Aussie trading flat, following Friday’s fall

AUDUSD Movement On Friday, the AUD weakened 0.50% against the USD to close at 0.8752, hurt by lacklustre producer inflation data. On Saturday, a report from China, Australia’s largest trading partner, showed that the NBS manufacturing PMI in the nation … Continue reading

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AUD/USD: Aussie trading lower this morning, eyes on next week’s RBA rate decision

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.54% against the USD to close at 0.8794. LME Copper prices declined 0.7% or $54.0/MT to $7155.0/MT. Aluminium prices declined 1.4% or $23.5/MT to $1686.0/MT. In the Asian session, … 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, AUD weakened 0.43% against the USD to close at 0.8747. LME Copper prices declined 0.1% or $6.0/MT to $7209.0/MT. Aluminium prices declined 0.2% or $3.5/MT to $1709.5/MT. In the Asian session, … Continue reading

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AUD/USD: Growth rate of Westpac’s leading index slowed in December

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.61% against the USD to close at 0.8785. LME Copper prices declined 0.3% or $20.0/MT to $ 7215.0/MT. Aluminium prices rose 0.1% or $2.0/MT to $ 1713.0/MT. In the … Continue reading

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AUD/USD: Australian business conditions improve to a 3-year high in December

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.43% against the USD to close at 0.8731. LME Copper prices declined 0.1% or $5.0/MT to $7235.0/MT. Aluminium prices declined 0.9% or $15.5/MT to $1711.0/MT. In the Asian session, … Continue reading

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AUD/USD: Aussie has more room to depreciate, indicated RBA’s Heather Ridout

AUDUSD Movement On Friday, the AUD weakened 0.57% against the USD to close at 0.8708, after the Reserve Bank of Australia (RBA) Board Member, Heather Ridout stated that the Australian Dollar needs to fall even further to protect the economy … Continue reading

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