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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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 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
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