For the 24 hours to 23:00 GMT, AUD strengthened 0.11% against the USD to close at 1.0461, as market sentiment for riskier currencies improved after Cyprus secured an international bailout preventing the country’s exit from the Euro-zone. LME Copper … Continue reading →

  On Friday, the AUD strengthened marginally against the USD to close at 1.0445, as riskier assets found demand in the market as investors speculated a potential resolution to the banking crisis in Cyprus. Market sentiment strengthened as political leaders … Continue reading →

  For the 24 hours to 23:00 GMT, AUD strengthened 0.59% against the USD to close at 1.0438. LME Copper prices rose 0.1% or $5.5/MT to $7580.0/MT. Aluminium prices declined 0.2% or $3.5/MT to $1902.0/MT. In the Asian session, at … Continue reading →

  For the 24 hours to 23:00 GMT, AUD strengthened 0.14% against the USD to close at 1.0377. LME Copper prices rose 0.5% or $35.5/MT to $7574.5/MT. Aluminium prices rose 0.2% or $3.0/MT to $1905.5/MT. In the Asian session, at … Continue reading →

  For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD to close at 1.0363. LME Copper prices declined 0.2% or $16.5/MT to $7539.0/MT. Aluminium prices rose 0.4% or $7.0/MT to $1902.5/MT. In the Asian session, at … Continue reading →

  For the 24 hours to 23:00 GMT, AUD strengthened 0.40% against the USD to close at 1.0393. Late yesterday, the Assistant Governor of the Reserve Bank of Australia (RBA), Guy Debelle, stated that although foreign ownership in Australian government … Continue reading →

  On Friday, the AUD strengthened 0.24% against the USD to close at 1.0405. LME Copper prices rose 0.3% or $20.0/MT to $7782.0/MT. Aluminium prices rose 0.3% or $6.0/MT to $1944.0/MT. In the Asian session, at GMT0400, the pair is … Continue reading →

  For the 24 hours to 23:00 GMT, AUD strengthened 0.79% against the USD to close at 1.0380, benefitting from strong Australian employment data. However, rally in the Aussie loosed the steam, after the Reserve Bank of Australia Assistant Governor, … Continue reading →

  For the 24 hours to 23:00 GMT, AUD weakened 0.27% against the USD to close at 1.0299. LME Copper prices declined 0.5% or $37.5/MT to $7777.5/MT. Aluminium prices rose 0.3% or $6.5/MT to $1945.5/MT. In the Asian session, at … Continue reading →

  For the 24 hours to 23:00 GMT, AUD strengthened 0.49% against the USD to close at 1.0327. LME Copper prices rose 1.8% or $138.0/MT to $7815.0/MT. Aluminium prices rose 2.3% or $43.5/MT to $1939.0/MT. In the Asian session, at … Continue reading →

  For the 24 hours to 23:00 GMT, AUD strengthened 0.63% against the USD to close at 1.0277. LME Copper prices declined 0.7% or $53.0/MT to $7677.0/MT. Aluminium prices declined 1.6% or $31.5/MT to $1895.5/MT. In the Asian session, at … Continue reading →