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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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AUD/USD: Aussie extends its losses this morning
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.84% against the USD to close at 0.8844. LME Copper prices declined 0.8% or $56.0/MT to $ 7230.0/MT. Aluminium prices rose 0.2% or $4.0/MT to $ 1749.5/MT. In the … Continue reading
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AUD/USD: Interest rates could fall further, RBA Governor Glenn Stevens
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.22% against the USD to close at 0.8922. LME Copper prices declined 0.5% or $39.5/MT to $ 7286.0/MT. Aluminium prices were flat at $1745.5/MT. In his testimony to the … Continue reading
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AUD/USD: RBA leaves door ajar for further interest rate cut
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.15% against the USD to close at 0.8940. LME Copper prices rose 1.5% or $107.0/MT to $ 7325.5/MT. Aluminium prices declined 0.3% or $5.0/MT to $ 1745.5/MT. In economic … Continue reading
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AUD/USD: Aussie trading tad higher in the Asian session
AUDUSD Movement On Friday, the AUD strengthened 0.36% against the USD to close at 0.8954. LME Copper prices rose 0.8% or $60.5/MT to $ 7230.0/MT. Aluminium prices declined 0.5% or $9.5/MT to $ 1759.5/MT. In the Asian session, at GMT0400, … Continue reading
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AUD/USD: Aussie trading higher in the Asian session, following yesterday’s slump
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 1.36% against the USD to close at 0.8924. LME Copper prices rose 0.8% or $60.5/MT to $7230.0/MT. Aluminium prices declined 0.5% or $9.5/MT to $1759.5/MT. In the Asian session, … Continue reading
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AUD/USD: Aussie trading lower in the Asian session despite upbeat employment numbers
For the 24 hours to 23:00 GMT, AUD weakened 1.09% against the USD to close at 0.9046. LME Copper prices rose 0.1% or $4.0/MT to $7169.5/MT. Aluminium prices rose 0.4% or $6.5/MT to $1769.0/MT. In the Asian session, at GMT0400, … Continue reading
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AUD/USD: Aussie reverses its direction in the morning session
For the 24 hours to 23:00 GMT, AUD strengthened 0.62% against the USD to close at 0.9147. In Australia, the Westpac consumer confidence declined 4.8% (MoM) in December, compared to a 1.9% (MoM) rise registered in the preceding month. LME … Continue reading
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AUD/USD: Aussie pares its losses in the Asian trading hours
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.16% against the USD to close at 0.9091. The US Dollar advanced against the Aussie after three of the top Fed policymakers, suggested the central bank to scale back … Continue reading
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AUD/USD: RBA Governor warns against over-confidence in handling an economic backdrop
AUDUSD Movement On Friday, the AUD strengthened 0.36% against the USD to close at 0.9098. During the weekend, the Reserve Bank of Australia (RBA) Governor, Glenn Stevens, in a press conference, suggested that the nation must guard itself against becoming … Continue reading
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AUD/USD: Aussie reverses its direction in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.40% against the USD to close at 0.9067. LME Copper prices rose 1.5% or $106.0/MT to $7081.0/MT. Aluminium prices advanced 1.5% or $26.0/MT to $1728.0/MT. In the Asian session, … Continue reading
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AUD/USD: Australia’s trade deficit widened more than analysts’ expectations for October
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 1.08% against the USD to close at 0.9033, after a weaker-than-expected third quarter economic growth in Australia weighed heavily on the domestic currency, highlighting that the country is still … Continue reading
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