On Friday, the AUD weakened 0.39% against the USD to close at 1.0231. The Australian dollar lost ground following the release of upbeat US non-farm payrolls. LME Copper prices rose 0.8% or $59.0/MT to $7730.0/MT. Aluminium prices rose 0.9% … Continue reading →

  For the 24 hours to 23:00 GMT, AUD strengthened 0.37% against the USD to close at 1.0271. LME Copper prices declined 0.4% or $28.5/MT to $7671.0/MT. Aluminium prices declined 0.9% or $17.5/MT to $1910.5/MT. In the Asian session, at … Continue reading →

  For the 24 hours to 23:00 GMT, AUD weakened 0.31% against the USD to close at 1.0233. However, losses in the Aussie were slightly contained, as late yesterday the Australian Industry Group (AiG) revealed that its performance of construction … Continue reading →

  For the 24 hours to 23:00 GMT, AUD strengthened 0.62% against the USD to close at 1.0265. LME Copper prices declined 0.4% or $31.0/MT to $7720.0/MT. Aluminium prices rose 0.8% or $16.0/MT to $1943.0/MT. In the Asian session, at … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0203. Late yesterday, the Australian Industry Group (AiG) reported that its performance of services index jumped to a reading of 48.5 in February, from … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.10% against the USD to close at 1.0206. LME Copper prices declined 2.7% or $207.5/MT to $ 7620.5/MT. Aluminium prices declined 2.3% or $45.5/MT to $1914.5/MT. In … Continue reading →

  For the 24 hours to 23:00 GMT, AUD weakened 0.12% against the USD to close at 1.0217. LME Copper prices remained flat or $3.0/MT to $7828.0/MT. Aluminium prices declined 0.6% or $12.0/MT to $1960.0/MT. In the Asian session, at … Continue reading →

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0229. LME Copper prices rose 0.6% or $46.0/MT to $7831.0/MT. Aluminium prices rose 0.1% or $1.0/MT to $1972.0/MT. In the Asian session, at … Continue reading →

  For the 24 hours to 23:00 GMT, AUD weakened 0.37% against the USD to close at 1.0233, as risk appetite waned after Italian parliamentary elections failed to produce a clear winner, raising prospects of extended political uncertainty in the … Continue reading →

  For the 24 hours to 23:00 GMT, AUD weakened 0.25% against the USD to close at 1.0270. The Aussie suffered losses after China’s HSBC manufacturing PMI recorded a drop in February. Moreover, the Aussie was further pressured after late … Continue reading →

  For the 24 hours to 23:00 GMT on Friday, the AUD strengthened 0.31% against the USD to close at 1.0325, buoyed by speculation that the Reserve Bank of Australia (RBA) would not be reducing interest rates further any time … Continue reading →