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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 tad higher this morning
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.81% against the USD to close at 0.9619. LME Copper prices rose 0.2% or $13.5/MT to $7172.0/MT. Aluminium prices advanced 0.5% or $9.0/MT to $1796.0/MT. In the Asian session, … Continue reading
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AUD/USD: NAB’s business confidence rebounds in the third quarter
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 0.9543. LME Copper prices declined 0.4% or $27.5/MT to $7158.5/MT. Aluminium prices fell 1.0% or $18.0/MT to $1787.0/MT. In the Asian session, … Continue reading
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AUD/USD: Aussie trading lower against its US counterpart in the morning session
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.28% against the USD to close at 0.9541, as investors cheered the minutes from the Reserve Bank of Australia’s (RBA) latest policy meeting, which highlighted policymakers’ view that the … Continue reading
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AUD/USD: Further rate cuts cannot be ruled out, indicates RBA minutes
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.70% against the USD to close at 0.9513, buoyed by the latest batch of upbeat economic releases from its largest trading partner, China. A report from China showed that … Continue reading
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AUD/USD: Aussie trading above its MA’s
AUDUSD Movement On Friday, the AUD strengthened 0.13% against the USD to close at 0.9469. In economic news, a report from China showed that the nation’s trade surplus declined to a level of $15.2 billion in September, more than analysts’ … Continue reading
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AUD/USD: Aussie trading higher amid lack of domestic economic releases
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.08% against the USD to close at 0.9457. LME Copper prices eased 0.4% or $28.5/MT to $7112.5/MT. Aluminium prices declined 1.1% or $20.5/MT to $1818.5/MT. In the Asian session, … Continue reading
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AUD/USD: Australia’s unemployment rate declined more than forecast in September
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9449. LME Copper prices declined 1.3% or $90.5/MT to $7141.0/MT. Aluminium prices rose 1.1% or $20.5/MT to $1839.0/MT. In the Asian session, … Continue reading
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AUD/USD: Consumer confidence slips in October, indicates Westpac
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.17% against the USD to close at 0.9450. LME Copper prices rose 0.8% or $60.5/MT to $7231.5/MT. Aluminium prices advanced 1.5% or $27.5/MT to $1818.5/MT. In the Asian session, … Continue reading
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AUD/USD: Australia’s business sentiment spikes to highest in over 3 years
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.10% against the USD to close at 0.9432, as investors reacted negatively to the World Bank’s decision to lower its estimates on China’s growth outlook. The World Bank now … Continue reading
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AUD/USD: Australia’s AiG construction index reached highest level in almost 3½ years
AUDUSD Movement On Friday, the AUD strengthened 0.32% against the USD to close at 0.9432. LME Copper prices declined 0.9% or $67.5/MT to $7148.0/MT. Aluminium prices rose 0.2% or $4.0/MT to $1789.5/MT. In the Asian session, at GMT0300, the pair … Continue reading
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AUD/USD: Aussie continues to trade higher amid lack of domestic economic releases
AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.16% against the USD to close at 0.9399. The US Dollar continued to face pressure from a US government shutdown, which extended for a third day, with no signs … Continue reading
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