AUD/USD: Aussie reverses its yesterday’s gains

  For the 24 hours to 23:00 GMT, AUD strengthened 0.39% against the USD to close at 0.9670. LME Copper prices rose 0.6% or $44.00/MT to $7245.5/MT. Aluminium prices rose 2.0% or $36.00/MT to $1857.0/MT. In the Asian session, at … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Building approvals record a rise in Australia

  For the 24 hours to 23:00 GMT, AUD strengthened 0.64% against the USD to close at 0.9633. LME Copper prices declined 0.8% or $55.5/MT to $7201.5/MT. Aluminium prices rose 0.7% or $13.0/MT to $1821.0/MT. In the Asian session, at … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Australia’s Westpac leading index rises in March

  For the 24 hours to 23:00 GMT, AUD weakened 0.59% against the USD to close at 0.9572, as Aussie traders failed to find a catalyst to invest in commodity currency. Moreover, the greenback registered handsome gains on the back … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Aussie trading higher in the Asian session

For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9630. LME Copper prices declined 0.6% or $45.50/MT to $7240.0/MT. Aluminium prices declined 0.6% or $11.50/MT to $1814.5/MT. In the Asian session, at GMT0300, … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Australian Dollar snaps its previous session gains

  For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD to close at 0.9683. LME Copper prices declined 2.6% or $194.5/MT to $7285.5/MT. Aluminium prices declined 0.6% or $11.5/MT to $1826.0/MT. In the Asian session, at … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Aussie declines as Chinese PMI disappoints

  For the 24 hours to 23:00 GMT, AUD weakened 1.57% against the USD to close at 0.9664, after minutes from the latest US Federal Reserve meeting indicated that few policy makers were open to tapering large-scale asset purchases as … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Aussie trading lower in the Asian session

  For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 0.9818, as commodity prices recovered. LME Copper prices rose 1.5% or $108.00/MT to $7384.0/MT. Aluminium prices rose 1.3% or $24.00/MT to $1835.0/MT. In … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Aussie tad lower after RBA minutes

For the 24 hours to 23:00 GMT, AUD strengthened 0.50% against the USD to close at 0.9813. LME Copper prices declined 0.7% or $53.50/MT to $7276.0/MT. Aluminium prices declined 1.6% or $29.50/MT to $1811.0/MT. In the Asian session, at GMT0300, … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Aussie trading higher in the Asian session

  On Friday, the AUD weakened 0.93% against the USD to close at 0.9736. The greenback traded higher as the US leading indicator registered an improvement in May and the preliminary consumer confidence index surged in May. LME Copper prices … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Aussie trading lower this morning

  For the 24 hours to 23:00 GMT, AUD weakened 0.73% against the USD to close at 0.9825. LME Copper prices are trading flat to $7095.5/MT. Aluminium prices rose 0.1% or $2.00/MT to $1802.5/MT. In the Asian session, at GMT0300, … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Aussie continues to trade below parity

  For the 24 hours to 23:00 GMT, AUD rose marginally against the USD to close at 0.9897. However, the Aussie continued to remain below parity, after the Australian Treasurer, Wayne Swan stated earlier this week that the nation would … Continue reading

Posted in AUD/USD | Leave a comment