AUD/USD: Aussie regains ground following domestic service sector data

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.10% against the USD to close at 0.9384. LME Copper prices declined 0.9% or $63.0/MT to $7156.0/MT. Aluminium prices fell 0.7% or $12.5MT to $1773.5/MT. In the Asian session, … Continue reading

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AUD/USD: Australia’s trade deficit narrowed less than expectation for August

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.75% against the USD to close at 0.9393, as investors cheered the Reserve Bank of Australia’s (RBA) decision to keep its interest rate unchanged at 2.5%, at its October … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.27% against the USD to close at 0.9323. LME Copper prices rose 0.5% or $38.0/MT to $7290.5/MT. Aluminium prices advanced 0.8% or $13.5/MT to $1803.0/MT. In the Asian session, … Continue reading

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AUD/USD: Aussie extends its previous session’s losses in the morning

AUDUSD Movement On Friday, the AUD weakened 0.45% against the USD to close at 0.9317. LME Copper prices rose 0.4% or $32.0/MT to $7252.5/MT. Aluminium prices advanced 1.6% or $28.0/MT to $1789.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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AUD/USD: US budget stalemate pushes riskier AUD lower

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD marginally weakened against the USD to close at 0.9357. Demand for the greenback rose as a strong US weekly jobless claim data spurred fresh speculation that the Fed might taper … Continue reading

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AUD/USD: Aussie steady in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.20% against the USD to close at 0.9364. The US Dollar advanced against the Aussie as lingering concerns over the US lawmakers’ decision on the nation’s budget, lured investors … Continue reading

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AUD/USD: Australia’s financial system remains in a relatively strong position, indicates RBA

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.39% against the USD to close at 0.9384. LME Copper prices declined 0.6% or $40.5/MT to $7140.5/MT. Aluminium prices eased 0.1% or $1.0/MT to $1753.5/MT. In the Asian session, … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.21% against the USD to close at 0.9420, as strong manufacturing PMI data from China, Australia’s largest trading partner, boosted the demand for Aussie. The greenback also came under … Continue reading

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AUD/USD: Aussie spikes following Chinese PMI data

AUDUSD Movement On Friday, the AUD weakened 0.41% against the USD to close at 0.9405. LME Copper prices fell 0.1% or $6.5/MT to $7295.0/MT. Aluminium prices declined 0.7% or $12.0/MT to $1771.5/MT. In the Asian session, at GMT0300, the pair … Continue reading

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AUD/USD: Aussie pares losses in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.54% against the USD to close at 0.9444. LME Copper prices rose 3.0% or $211.0/MT to $7301.5/MT. Aluminium prices advanced 2.4% or $41.5/MT to $1783.5/MT. In the Asian session, … Continue reading

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AUD/USD: Aussie pares gains in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 1.52% against the USD to close at 0.9495. The greenback gave up gains against the Aussie after the Fed decided to refrain from reducing the size of its monthly … Continue reading

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