AUD/USD: Aussie still at uncomfortably high level, indicates RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9367. LME Copper prices rose 0.5% or $32.0/MT to $6999.5/MT. Aluminium prices edged down marginally by $0.5/MT to $1737.5/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement On Friday, the AUD strengthened 0.56% against the USD to close at 0.9360. LME Copper prices rose 0.4% or $28.5/MT to $6967.5/MT. Aluminium prices declined 0.1% or $2.5/MT to $1738.0/MT. In the Asian session, at GMT0400, the pair … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: Aussie pares its previous session’s losses

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.59% against the USD to close at 0.9308. LME Copper prices fell 1.2% or $82.5/MT to $6939.0/MT. Aluminium prices declined 0.3% or $5.5/MT to $1740.5/MT. In the Asian session, … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: Aussie pares its gains in the Asian trading hours

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.66% against the USD to close at 0.9363, amid a broad decline in the USD. LME Copper prices declined 1.4% or $102.5/MT to $7021.5/MT. Aluminium prices fell 0.5% or … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: Aussie trading flat in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.64% against the USD to close at 0.9304, as investors’ confidence in the Aussie was hurt by a decline in the National Australia Bank’s business confidence data for October. … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: National Australia Bank business confidence declined in October

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9366, hurt by the latest batch of lacklustre economic data from China, Australia’s largest trading partner. People’s Bank of China (PBoC) reported … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: Aussie trading below its MA’s

AUDUSD Movement On Friday, the AUD weakened 0.78% against the USD to close at 0.9381, hurt by the Reserve Bank of Australia’s (RBA) decision to trim its growth forecasts on the Australian economy for 2014. On Sunday, a report from … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: RBA trims its 2014 growth forecast on the Australian economy

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.72% against the USD to close at 0.9457, as a dismal employment report from Australia spooked investors’ confidence in the Aussie. LME Copper prices declined 1.1% or $81.0/MT to … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: Full-time employment in Australia dropped the most in more than a year

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.28% against the USD to close at 0.9527. LME Copper prices rose 0.9% or $61.5/MT to $7200.0/MT. Aluminium prices advanced 1.0% or $17.0/MT to $1784.5/MT. In the Asian session, … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: Australia’s trade deficit narrowed more than analysts’ expectations in September

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.12% against the USD to close at 0.9500. LME Copper prices declined 0.6% or $41.5/MT to $7138.5/MT. Aluminium prices fell 1.1% or $20.5/MT to $1767.5/MT. In the Asian session, … Continue reading

Posted in AUD/USD | Comments Off

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

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.48% against the USD to close at 0.9513. In economic news, the Australian Industry Group reported that the performance of service index in the nation advanced to a reading … Continue reading

Posted in AUD/USD | Comments Off