AUD/USD: RBA Governor’s comments lends helping hand to Aussie

  For the 24 hours to 23:00 GMT, AUD strengthened 0.32% against the USD to close at 1.0293. LME Copper prices declined 2.0% or $162.0/MT to $7847.5/MT. Aluminium prices declined 0.9% or $18.5/MT to $2047.0/MT. In the Asian session, at … Continue reading

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AUD/USD: Aussie continues to trade lower in the Asian session

  For the 24 hours to 23:00 GMT, AUD weakened 0.84% against the USD to close at 1.0260. LME Copper prices declined 0.7% or $60.5/MT to $8009.5/MT. Aluminium prices declined 0.5% or $10.0/MT to $2065.5/MT. In the Asian session, at … Continue reading

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AUD/USD: Australian Dollar continues to capitalize on latest RBA minutes

  For the 24 hours to 23:00 GMT, AUD strengthened 0.30% against the USD to close at 1.0347, following the release of more positive Reserve Bank of Australia’s (RBA) minutes than had been anticipated. The minutes indicated that the bank … Continue reading

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AUD/USD: Aussie strengthened following RBA minutes

  For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0316. LME Copper prices declined 1.5% or $123.0/MT to $8075.5/MT. Aluminium prices declined 1.7% or $37.0/MT to $2086.0/MT. In the Asian session, at … Continue reading

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AUD/USD: Aussie trading lower this morning

For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.41% against the USD to close at 1.0307. The US Dollar gained after the release of stronger-than-expected increase in US consumer sentiment and a surge in the New … Continue reading

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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 1.0351, as investor sentiment was dented amid renewed concerns over the worsening of the financial situation in the Euro-zone. LME Copper prices rose … Continue reading

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AUD/USD: Aussie tad higher in the Asian session

  For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0356. In Australia, the consumer inflation expectation rose 2.2% in February, compared to a 2.0% rise in January. LME Copper prices declined 0.1% … Continue reading

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AUD/USD: Aussie gains on upbeat consumer confidence data

  For the 24 hours to 23:00 GMT, AUD strengthened 0.74% against the USD to close at 1.0337, following a rise in the National Australia Bank’s business confidence and conditions index for January. LME Copper prices declined 0.2% or $16.8/MT … Continue reading

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AUD/USD: Business confidence improves in Australia

  For the 24 hours to 23:00 GMT, AUD weakened 0.58% against the USD to close at 1.0259. LME Copper prices rose marginally or $1.3/MT to $8216.0/MT. Aluminium prices rose 0.5% or $9.8/MT to $2076.0/MT. In the Asian session, at … Continue reading

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AUD/USD: Home loans, investment lending fell in Australia

  For the 24 hours to 23:00 GMT on Friday, the AUD strengthened 0.36% against the USD to close at 1.0315. LME Copper prices rose marginally or $3.0/MT to $8214.8/MT. Aluminium prices rose marginally or $0.5/MT to $2066.3/MT. In the … Continue reading

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AUD/USD: RBA lowers GDP, inflation outlook

  For the 24 hours to 23:00 GMT, AUD weakened 0.39% against the USD to close at 1.0278. LME Copper prices rose 0.1% or $12.3/MT to $8211.8/MT. Aluminium prices rose 0.3% or $6.5/MT to $2065.8/MT. In the Asian session, at … Continue reading

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