AUDUSD Movement For the 24 hours to 23:00 GMT, AUD strengthened 0.69% against the USD to close at 0.8999, after building permits in July rose above estimates, while manufacturing PMI in China, Australia’s largest trading partner, showed another month of … Continue reading →

AUDUSD Movement On Friday, the AUD weakened 0.28% against the USD to close at 0.8900. LME Copper prices declined 1.6% or $115.5/MT to $ 7095.0/MT. Aluminium prices fell 1.3% or $22.5/MT to $ 1775.5/MT. In the Asian session, at GMT0300, … Continue reading →

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.22% against the USD to close at 0.8925 as strong US GDP data revived speculation that the Fed might taper its stimulus measures sooner-than-expected. LME Copper prices declined 0.4% … Continue reading →

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 0.8946, as risk-appetite among investors reduced after the US stated that it is prepared to take military action against Syria ahead of … Continue reading →

AUDUSD Movement For the 24 hours to 23:00 GMT, AUD weakened 0.74% against the USD to close at 0.8943, as ongoing tensions in Syria reduced the risk-appetite among investors and weighed on the demand for the riskier currencies. LME Copper … Continue reading →

  For the 24 hours to 23:00 GMT, AUD weakened 0.17% against the USD to close at 0.9012, as speculation of Fed tapering its asset-purchase programme later this year, continued to weigh on the demand of the riskier currencies. LME … Continue reading →

  For the 24 hours to 23:00 GMT, AUD strengthened 0.56% against the USD to close at 0.9017, as upbeat manufacturing PMI data from China, Germany, Euro-zone and the US boosted investors risk appetite. LME Copper prices rose 1.4% or … Continue reading →

For the 24 hours to 23:00 GMT, AUD dropped 0.97% against the USD to close at 0.8969, as investors favoured the safe-haven USD after minutes from the Fed’s latest policy meeting highlighted policy-makers’ willingness to taper stimulus programme later this … Continue reading →

  For the 24 hours to 23:00 GMT, AUD weakened 0.63% against the USD to close at 0.9057, after the minutes from the Reserve Bank of Australia’s latest policy meeting signalled the possibility for the policy makers to cut the … Continue reading →

  For the 24 hours to 23:00 GMT, AUD dropped 0.90% against the USD to close at 0.9114. LME Copper prices declined 0.7% or $50.0/MT to $7285.5/MT. Aluminium prices declined 0.2% or $4.0/MT to $1872.5/MT. In the Asian session, at … Continue reading →

On Friday, the AUD strengthened 0.71% against the USD to close at 0.9199. LME Copper prices rose 1.5% or $107.5/MT to $7335.5/MT. Aluminium prices rose 1.8% or $34.0/MT to $1876.5/MT. In the Asian session, at GMT0300, the pair is trading … Continue reading →