AUD/USD: Aussie higher on positive economic data from Australia & China

For the 24 hours to 23:00 GMT, AUD strengthened 0.69% against the USD to close at 1.0378, as upbeat housing data in the US fuelled risk appetite. LME Copper prices declined 0.4% or $28.8/MT to $8112.3/MT. Aluminium prices rose 0.1% … Continue reading

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AUD/USD: Australian Dollar boosted by domestic data

For the 24 hours to 23:00 GMT, AUD strengthened 0.41% against the USD to close at 1.0306. LME Copper prices rose 0.1% or $11.5/MT to $8141.0/MT. Aluminium prices declined 1.0% or $19.3/MT to $1930.5/MT. In the Asian session, at GMT0300, … Continue reading

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AUD/USD: RBA minutes indicates a further decline in interest rates

For the 24 hours to 23:00 GMT, AUD strengthened 0.41% against the USD to close at 1.0264, ahead of a release of a board meeting minutes by the Reserve Bank of Australia (RBA). LME Copper prices declined 0.6% or $49.0/MT … Continue reading

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AUD/USD: Aussie down in Asian hours

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.33% against the USD to close at 1.0222. Over the weekend, Australia’s largest trading partner, China reported a $27.7 billion trade surplus in September, the largest since … Continue reading

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AUD/USD: Pair extends its gains this morning on higher risk appetite

  For the 24 hours to 23:00 GMT, AUD strengthened 0.34% against the USD to close at 1.0256, amid a report showing that US unemployment-benefit applications fell to the least since February 2008, boosting risk appetite. LME Copper prices rose … Continue reading

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AUD/USD: Aussie trading higher amid a rise in Australian jobs in September

For the 24 hours to 23:00 GMT, AUD strengthened 0.33% against the USD to close at 1.0221. LME Copper prices declined 0.7% or $58.8/MT to $8124.3/MT. Aluminium prices declined 2.4% or $49.0/MT to $1991.5/MT. In the Asian session, at GMT0300, … Continue reading

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AUD/USD: Trading higher this morning

For the 24 hours to 23:00 GMT, AUD weakened 0.27% against the USD to close at 1.0186. LME Copper prices rose 0.6% or $50.3/MT to $8183.0/MT. Aluminium prices declined 0.3% or $ 5.8/MT to $ 2040.5/MT. In the Asian session, … Continue reading

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AUD/USD: IMF downgrades Australia’s growth outlook

For the 24 hours to 23:00 GMT, AUD strengthened 0.42% against the USD to close at 1.0214. LME Copper prices declined 2.0% or $165.3/MT to $8132.8/MT. Aluminium prices declined 2.0% or $41.0/MT to $2046.3/MT. In the Asian session, at GMT0300, … Continue reading

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AUD/USD: Aussie losing ground this morning

  For the 24 hours to 23:00 GMT on Friday, the AUD weakened 0.72% against the USD to close at 1.0166. LME Copper prices declined 0.3% or $26.5/MT to $8298.0/MT. Aluminium prices declined marginally or $0.3/MT to $2087.3/MT. In the … Continue reading

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AUD/USD: US Dollar extends losses as sentiment firms up on ECB comments

For the 24 hours to 23:00 GMT, AUD strengthened 0.11% against the USD to close at 1.0241, as demand for riskier currencies rose after European Central Bank (ECB) President, Mario Draghi said that the announcement of Outright Monetary Transactions had … Continue reading

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AUD/USD: Aussie fell after Australian trade deficit widened in August

For the 24 hours to 23:00 GMT, AUD weakened 0.24% against the USD to close at 1.0229, after data showed that Australian trade deficit widened in August. LME Copper prices declined 0.8% or $63.3/MT to $8275.8/MT. Aluminium prices declined 1.6% … Continue reading

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