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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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AUD/USD: RBA cut rates to 3% to boost economy
For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0432. LME Copper prices rose 0.3% or $26.5/MT to $7975.3/MT. Aluminium prices rose 0.9% or $17.8/MT to $2096.3/MT. In the Asian session, at GMT0400, … Continue reading
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AUD/USD: Retail sales disappoint, lead the Aussie lower
For the 24 hours to 23:00 GMT on Friday, the AUD ended flat against the USD to close at 1.0428. Over the weekend, the Australian Industry Group’s performance of manufacturing index declined to a reading of 43.6 in November, the … 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 0.43% against the USD to close at 1.0428. LME Copper prices rose 1.7% or $130.3MT to $7849.8/MT. Aluminium prices rose 2.7% or $53.3/MT to $2045.5/MT. In the Asian session, at GMT0400, … Continue reading
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AUD/USD: Australian new home sales rise in October, Aussie trading lower this morning
For the 24 hours to 23:00 GMT, AUD strengthened 0.29% against the USD to close at 1.0473. LME Copper prices declined 1.0% or $76.3/MT to $7719.5/MT. Aluminium prices declined 0.5% or $10.5/MT to $1992.3/MT. In the Asian session, at GMT0400, … Continue reading
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AUD/USD: Australian Dollar trading higher in the Asian session
For the 24 hours to 23:00 GMT, AUD weakened 0.27% against the USD to close at 1.0443. LME Copper prices rose 0.3% or $25.5/MT to $7795.8/MT. Aluminium prices rose 1.3% or $26.5/MT to $2002.8/MT. In the Asian session, at … Continue reading
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AUD/USD: Aussie rises in risk-on trade, as EU-IMF strike funding deal for Greece
For the 24 hours to 23:00 GMT, AUD strengthened 0.13% against the USD to close at 1.0471. LME Copper prices rose 1.2% or $94.5/MT to $7770.3/MT. Aluminium prices rose 2.5% or $47.5/MT to $1976.3/MT. In the Asian session, at … Continue reading
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AUD/USD: Pair trading above its MA’s
For the 24 hours to 23:00 GMT on Friday, the AUD strengthened 0.79% against the USD to close at 1.0460. LME Copper prices declined 0.5% or $40.0/MT to $7675.8/MT. Aluminium prices rose 0.7% or $13.5/MT to $1928.8/MT. In the … Continue reading
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AUD/USD: Aussie up during Asian trade
For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0379. LME Copper prices rose 0.1% or $11.3/MT to $7715.8/MT. Aluminium prices declined 0.6% or $12.5/MT to $1915.3/MT. In the Asian session, at … Continue reading
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AUD/USD: Aussie trading lower in the Asian session
For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 1.0382. LME Copper prices declined 0.3% or $26.0/MT to $7704.5/MT. Aluminium prices declined 1.3% or $24.5/MT to $1927.8/MT. In the Asian session, at GMT0400, … Continue reading
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AUD/USD: Australian Dollar weakened after Glenn Stevens’ signal of further rate cuts
For the 24 hours to 23:00 GMT, AUD weakened 0.12% against the USD to close at 1.0388, after the Reserve Bank of Australia Governor, Glenn Stevens, late yesterday hinted that there may be an interest rate cut in coming months. … Continue reading
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AUD/USD: RBA considered more easing may be appropriate, indicates Minutes
For the 24 hours to 23:00 GMT, AUD strengthened 0.39% against the USD to close at 1.0401. LME Copper prices rose 1.3% or $97.5/MT to $7670.3/MT. Aluminium prices rose 0.3% or $6.5/MT to $1927.8/MT. In the Asian session, at … Continue reading
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