AUD/USD: Westpac leading index tad higher in October

For the 24 hours to 23:00 GMT, AUD weakened 0.25% against the USD to close at 1.0518, after the nation’s Reserve Bank cited a softer labor market for cutting interest rates at this month’s meeting. LME Copper prices rose 0.1% … Continue reading

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AUD/USD: RBA minutes reveal that rate cut was to boost non-mining sectors

For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0544. LME Copper prices declined 0.6% or $46.8/MT to $8000.5/MT. Aluminium prices rose 1.5% or $31.0/MT to $2163.3/MT. In the Asian session, at GMT0400, … 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 strengthened 0.34% against the USD to close at 1.0567. LME Copper prices rose 0.6% or $47.0/MT to $8047.3/MT. Aluminium prices rose 0.5% or $11.0/MT to $2132.3/MT. In the Asian … Continue reading

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AUD/USD: Aussie gaining strength after China manufacturing expands

For the 24 hours to 23:00 GMT, AUD weakened 0.14% against the USD to close at 1.0531. LME Copper prices declined 1.2% or $101.3/MT to $8000.3/MT. Aluminium prices declined 0.6% or $13.3/MT to $2121.3/MT. In the Asian session, at GMT0400, … Continue reading

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AUD/USD: Increased risk appetite supports Aussie

For the 24 hours to 23:00 GMT, AUD strengthened 0.09% against the USD to close at 1.0545, on higher risk appetite amongst investors, after the Federal Reserve left benchmark US interest rates unchanged and stated that it would extend its … Continue reading

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AUD/USD: Australia’s consumer confidence deteriorates in December

For the 24 hours to 23:00 GMT, AUD strengthened 0.48% against the USD to close at 1.0536. LME Copper prices declined 0.5% or $42.3/MT to $8069.0/MT. Aluminium prices rose 1.4% or $29.3/MT to $2130.5/MT. In the Asian session, at GMT0400, … Continue reading

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AUD/USD: Aussie down as business confidence weakens in Australia

For the 24 hours to 23:00 GMT, AUD traded slightly higher against the USD to close at 1.0486. LME Copper prices rose 1.8% or $146.0/MT to $8111.3/MT. Aluminium prices rose 1.1% or $23.5/MT to $2101.3/MT. In the Asian session, at … Continue reading

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AUD/USD: Australian Dollar losing ground as Chinese trade data disappoints

For the 24 hours to 23:00 GMT, AUD strengthened 0.14% against the USD to close at 1.0488. LME Copper prices declined 0.7% or $55.0/MT to $7965.3/MT. Aluminium prices declined 1.5% or $31.5/MT to $2077.8/MT. In the Asian session, at GMT0400, … Continue reading

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AUD/USD: Australian trade deficit widened in November

  For the 24 hours to 23:00 GMT, AUD strengthened 0.19% against the USD to close at 1.0473, buoyed by strong Australian employment data. Yesterday, the Australian Industry Group’s performance of construction index in Australia advanced to a reading of … Continue reading

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AUD/USD: Aussie spikes as Australian jobs data beats forecasts

  For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD to close at 1.0453, as Australian GDP rose in the Q3 FY2012. LME Copper prices rose 0.4% or $30.8/MT to $8021.5/MT. Aluminium prices declined 0.3% or … Continue reading

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AUD/USD: Australian GDP grew in the Q3 FY2012

  For the 24 hours to 23:00 GMT, AUD strengthened 0.40% against the USD to close at 1.0474. LME Copper prices rose 0.2% or $15.5/MT to $7990.8/MT. Aluminium prices rose 0.2% or $4.0/MT to $2100.3/MT. In the Asian session, at … Continue reading

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