AUD/USD: Aussie pressured as trade deficit widened more-than-expected in Australia

  For the 24 hours to 23:00 GMT, AUD strengthened 0.15% against the USD to close at 1.0511. LME Copper prices declined 0.4% or $30.3/MT to $7995.3/MT. Aluminium prices declined 2.5% or $50.8/MT to $2004.8/MT. In the Asian session, at … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Australian Dollar boosted by stronger US economic data, trading lower in the Asian session

  For the 24 hours to 23:00 GMT on Friday, the AUD strengthened 0.30% against the USD to close at 1.0481, after non-farm payroll employment in the US rose in line with market estimates in the month of December. Additionally, … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Aussie down on disappointing service data from Australia & China

  For the 24 hours to 23:00 GMT, AUD weakened 0.40% against the USD to close at 1.0449, on broad dollar strength. LME Copper prices rose 0.7% or $15.0/MT to $8140.25/MT. Aluminium prices rose 0.7% or $55.5/MT to $8140.25/MT. In … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Aussie trading flat after yesterday’s surge

  For the 24 hours to 23:00 GMT, AUD strengthened 0.97% against the USD to close at 1.0492, after US policymakers forged a deal to avoid huge tax increases and spending cuts, fueling demand for riskier investments. LME Copper prices … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Higher risk appetite supports the Aussie

  For the 24 hours to 23:00 GMT on Monday, AUD strengthened marginally against the USD to close at 1.0394. LME Copper prices rose 0.6% or $47.3/MT to $7914.75/MT. Aluminium prices rose 0.5% or $9.3/MT to $2039.75/MT. In the Asian … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Private sector credit increases in Australia

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened marginally against the USD to close at 1.0372. LME Copper prices ended flat or $3.8/MT to $7867.5/MT. Aluminium prices declined 0.6% or $12.8/MT to $2030.5/MT. In the … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Aussie trading higher this morning

  For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0369. LME Copper prices declined 0.7% or $57.0/MT to $7768.3/MT. Aluminium prices rose 0.2% or $3.5/MT to $2035.3/MT. In the Asian session, at … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Aussie trading lower on US cliff fears

  For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0365, as traders backed away from riskier assets amid persistent concerns over the US fiscal cliff. LME Copper prices declined 0.7% or $57.0/MT … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Tad higher this morning

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.78% against the USD to close at 1.0398, as an impasse on talks to avert the so-called fiscal cliff in the US sapped demand for higher-yielding assets. … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Aussie plunges on RBA report, broker views

  For the 24 hours to 23:00 GMT, AUD rose marginally against the USD to close at 1.0479. The Reserve Bank of Australia (RBA), in its monthly bulletin, forecasted weak growth for the nation in 2013, citing continuing weakness in … Continue reading

Posted in AUD/USD | Leave a comment

AUD/USD: Wayne Swan indicates budget surplus unlikely

For the 24 hours to 23:00 GMT, AUD weakened 0.40% against the USD to close at 1.0476. LME Copper prices declined 0.7% or $60.0/MT to $7945.3/MT. Aluminium prices declined 0.4% or $8.0/MT to $2072.5/MT. In the Asian session, at GMT0400, … Continue reading

Posted in AUD/USD | Leave a comment