AUD/USD: Aussie reverses its direction in the Asian session

  On Friday, the AUD weakened 0.12% against the USD to close at 0.9600. LME Copper prices declined 0.2% or $12.50/MT to $7045.0/MT. Aluminium prices rose 0.1% or $2.50/MT to $1815.5/MT. In the Asian session, at GMT0300, the pair is … Continue reading

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AUD/USD: Aussie moving lower in the morning session

  For the 24 hours to 23:00 GMT, AUD strengthened 1.49% against the USD to close at 0.9613, following an unexpected rise in employment in Australia. LME Copper prices declined 0.4% or $28.5/MT to $7057.5/MT. Aluminium prices declined 1.6% or … Continue reading

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AUD/USD: Australia’s employment rises unexpectedly in May, while consumer inflation expectations remains stable in June

  For the 24 hours to 23:00 GMT, AUD strengthened 0.16% against the USD to close at 0.9470. LME Copper prices rose 0.7% or $50.0/MT to $7086.0/MT. Aluminium prices declined 0.3% or $5.5/MT to $1843.0/MT. In the Asian session, at … Continue reading

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AUD/USD: Australia’s Westpac consumer confidence index rebounds in June

  For the 24 hours to 23:00 GMT, AUD strengthened 0.30% against the USD to close at 0.9455. LME Copper prices declined 1.2% or $84.0/MT to $7036.0/MT. Aluminium prices declined 1.9% or $35.5/MT to $1848.5/MT. In the Asian session, at … Continue reading

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AUD/USD: Australia’s NAB business conditions rises while business confidence remains stable in May

  For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 0.9427. LME Copper prices declined 2.2% or $162.0/MT to $7120.0/MT. Aluminium prices declined 2.6% or $49.5/MT to $1884.0/MT. In the Asian session, at … Continue reading

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AUD/USD: Aussie trading lower this morning

On Friday, the AUD weakened 0.65% against the USD to close at 0.9495. Over the weekend, China released a string of economic releases, wherein China’s consumer price index dropped 0.6% (MoM) in May, while the producer price index slipped 2.9% … Continue reading

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AUD/USD: Aussie trading below the 0.9500 level

  For the 24 hours to 23:00 GMT, AUD strengthened 0.50% against the USD to close at 0.9557. LME Copper prices declined 1.5% or $110.5/MT to $7311.0/MT. Aluminium prices declined 0.6% or $11.5/MT to $1927.5/MT. In the Asian session, at … Continue reading

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AUD/USD: Australia’s trade surplus narrowed in April

  For the 24 hours to 23:00 GMT, AUD weakened 1.36% against the USD to close at 0.9508. LME Copper prices rose 1.1% or $84.0/MT to $7421.5/MT. Aluminium prices rose 1.9% or $36.5/MT to $1939.0/MT. In the Asian session, at … Continue reading

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AUD/USD: Australian economy improves less-than-expected in the Q1 2013

  For the 24 hours to 23:00 GMT, AUD weakened 1.13% against the USD to close at 0.9639, as investor sentiment was hampered after the Reserve Bank of Australia left its cash rate unchanged and signalled room for further cuts. … Continue reading

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AUD/USD: RBA keeps its interest rate unchanged at 2.75%

For the 24 hours to 23:00 GMT, AUD strengthened 1.37% against the USD to close at 0.9752. LME Copper prices rose 1.2% or $89.5/MT to $7330.5/MT. Aluminium prices rose 0.7% or $13.0/MT to $1888.5/MT. In the Asian session, at GMT0300, … Continue reading

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AUD/USD: Australian AIG PMI rises in May

  On Friday, the AUD weakened 0.99% against the USD to close at 0.9572. LME Copper prices declined 0.1% or $4.50/MT to $7241.0/MT. Aluminium prices rose 1.0% or $18.5/MT to $1875.5/MT. In the Asian session, at GMT0300, the pair is … Continue reading

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