AUD/USD: Australia’s retail sales surpassed market estimates for September

AUDUSD Movement On Friday, the AUD weakened 0.26% against the USD to close at 0.9438, despite a string of positive data points released in Australia. The US Dollar regained lost ground against the Aussie after the ISM manufacturing PMI in … Continue reading

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AUD/USD: Aussie snaps losses in the Asian trading hours

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9464. Late Thursday, the Australian Industry Group reported that the performance of manufacturing index in Australia advanced to a reading of 53.2 … Continue reading

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AUD/USD: Aussie pares losses in the morning session

For the 24 hours to 23:00 GMT, AUD weakened 0.14% against the USD to close at 0.9466. LME Copper prices rose 0.8% or $60.0/MT to $7275.5/MT. Aluminium prices declined 0.3% or $5.5/MT to $1843.5/MT. In the Asian session, at GMT0400, … Continue reading

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AUD/USD: Aussie trading tad higher

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.66% against the USD to close at 0.9480, after the Reserve Bank of Australia (RBA) Governor, Glenn Stevens, highlighted the possibility for the Aussie to be “materially lower” in … Continue reading

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AUD/USD: RBA Governor believes the Aussie to weaken in the future

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.57% against the USD to close at 0.9543. LME Copper prices rose 0.5% or $35.0/MT to $7161.0/MT. Aluminium prices advanced 1.8% or $32.0/MT to $1839.0/MT. In the Asian session, … Continue reading

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AUD/USD: Aussie trading higher, with RBA Governor’s speech in focus

AUDUSD Movement On Friday, the AUD weakened 0.37% against the USD to close at 0.9583. LME Copper prices declined 0.5% or $34.0/MT to $7126.0/MT. Aluminium prices rose 0.3% or $5.0/MT to $1807.0/MT. In the Asian session, at GMT0400, the pair … Continue reading

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AUD/USD: Depreciation in the Aussie to help domestic growth, says RBA Deputy Governor

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.24% against the USD to close at 0.9619, after Reserve Bank of Australia (RBA) Deputy Governor, Philip Lowe, expressed confidence in the central bank’s easing cycle, stating that the … Continue reading

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AUD/USD: Aussie trading higher in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.62% against the USD to close at 0.9642, after the CB leading index for Australia dropped to a negative 0.2% in August from a growth of 0.3% in the … Continue reading

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AUD/USD: Australia’s CPI rose more than market expectations for the third quarter

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.54% against the USD to close at 0.9703. The US Dollar edged lower against the Aussie, amid investor speculation that the weak US employment data, released yesterday, would compel … Continue reading

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AUD/USD: Aussie trading below its MA’s

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.08% against the USD to close at 0.9653. LME Copper prices declined 0.2% or $16.0/MT to $7225.5/MT. Aluminium prices fell 0.1% or $1.0/MT to $1807.5/MT. In the Asian session, … Continue reading

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

AUDUSD Movement On Friday, the AUD strengthened 0.55% against the USD to close at 0.9670. LME Copper prices advanced 1.0% or $69.5/MT to $7241.5/MT. Aluminium prices rose 0.7% or $12.5/MT to $1808.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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