AUD/USD: Aussie moving northwards in the Asian session

  On Friday, the AUD weakened 0.10% against the USD to close at 1.0282, as risk appetite weakened after data showed that the US economy grew less-than-forecast in the first quarter. LME Copper prices rose 0.3% or $19.5/MT to $7054.5/MT. … Continue reading

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AUD/USD: Aussie moves higher as Chinese business sentiment indicator improves

  For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0294, as risk appetite improved among investors following upbeat US jobless data. LME Copper prices rose 1.4% or $99.5/MT to $7035.0/MT. Aluminium prices … Continue reading

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AUD/USD: Pair trading above its MA’s

  For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0276. LME Copper prices rose 1.8% or $124.5/MT to $6935.5/MT. Aluminium prices advanced 0.7% or $12.5/MT to $1871.0/MT. In the Asian session, at … Continue reading

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AUD/USD: Australia’s consumer prices rise less-than-expected in the Q12013

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0259. LME Copper prices declined 0.9% or $64.5/MT to $6811.0/MT. Aluminium prices rose 1.0% or $17.5/MT to $1858.5/MT. In the Asian session, at … Continue reading

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AUD/USD: Aussie under pressure as Chinese PMI disappoints

For the 24 hours to 23:00 GMT, AUD weakened 0.11% against the USD to close at 1.0264. LME Copper prices declined 1.4% or $99.5/MT to $6875.5/MT. Aluminium prices declined 1.6% or $30.5/MT to $1841.0/MT. In the Asian session, at GMT0300, … Continue reading

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AUD/USD: Australia Dollar moving northwards in the Asian session

  On Friday, the AUD weakened 0.13% against the USD to close at 1.0281. LME Copper prices rose 0.2% or $12.5/MT to $6975.0/MT. Aluminium prices declined 0.1% or $2.5/MT to $1871.5/MT. In the Asian session, at GMT0300, the pair is … Continue reading

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AUD/USD: Aussie trading higher this morning

  For the 24 hours to 23:00 GMT, AUD fell marginally against the USD to close at 1.0295. LME Copper prices declined 1.5% or $104.5/MT to $6962.5/MT. Aluminium prices rose 1.0% or $18.5/MT to $1874.0/MT. In the Asian session, at … Continue reading

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AUD/USD: Aussie gains as business sentiment in Australia improves significantly

  For the 24 hours to 23:00 GMT, AUD weakened 0.77% against the USD to close at 1.0302. LME Copper prices declined 2.1% or $1520/MT to $7067.0/MT. Aluminium prices declined 0.3% or $5.5/MT to $1855.5/MT. In the Asian session, at … Continue reading

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AUD/USD: Australia’s leading index continues to advance in February

For the 24 hours to 23:00 GMT, AUD strengthened 0.42% against the USD to close at 1.0382. Yesterday, the assistant governor for financial markets at the Reserve Bank of Australia, Guy Debelle, stated that capital flows to fund mining investment … Continue reading

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AUD/USD: Room for more easing, if required, indicates RBA minutes

  For the 24 hours to 23:00 GMT, AUD weakened 1.64% against the USD to close at 1.0337, following news that economic growth in China, Australia’s largest trading partner, was much slower than expected in the first quarter of this … Continue reading

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AUD/USD: Aussie under pressure on weak Chinese economic data

  On Friday, the AUD weakened 0.44% against the USD to close at 1.0501. LME Copper prices ended flat to $7510.0/MT. Aluminium prices declined 0.8% or $14.5/MT to $1841.0/MT. In the Asian session, at GMT0300, the pair is trading at … Continue reading

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