For the 24 hours to 23:00 GMT, AUD strengthened 0.06% against the USD to close at 1.0495. Yesterday, the Moody’s ratings agency stated that it might eventually downgrade the credit ratings of some Australian states, because they lack the “political … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.28% against the USD to close at 1.0489. LME Copper prices declined 0.3% or $19.8/MT to $7406.5/ MT. Aluminium prices declined 0.6% or $11.0/MT to $1812.8/ MT. In the Asian session, … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.35% against the USD to close at 1.0518. LME Copper prices declined 0.1% or $4.0/MT to $7426.3/MT. Aluminium prices declined 0.6% or $10.8/MT to $1823.8/MT. In the Asian session, at GMT0300, … Continue reading →

For the 24 hours to 23:00 GMT on Friday, AUD strengthened marginally against the USD to close at 1.0576, after Reserve Bank of Australia (RBA), in its monetary policy statement, raised Australian gross domestic product forecast for 2012. However gains … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.07% against the USD to close at 1.0574. LME Copper prices declined 0.4% or $30.0/MT to $7495.3/ MT. Aluminium prices declined 0.4% or $6.8/MT to $1865.8/ MT. In the Asian session, … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD to close at 1.0567. LME Copper prices declined 0.5% or $41.3/MT to $7525.3/ MT. Aluminium prices rose 0.5% or $9.5/MT to $1872.5/ MT. In the Asian session, … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.17% against the USD to close at 1.0546. Yesterday, the Reserve Bank of Australia (RBA) decided to retain its benchmark cash rate unchanged at 3.5%, in line with market forecast. The … Continue reading →

For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 1.0564. LME Copper prices rose 1.0% or $71.0/MT to $7397.5/ MT. Aluminium prices rose 1.2% or $22.5/MT to $1828.8/ MT. In the Asian session, … Continue reading →

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 1.02% against the USD to close at 1.0563. LME Copper prices declined 0.8% or $59.8/MT to $7326.5/ MT. Aluminium prices declined 0.8% or $14.5/MT to $1806.3/ MT. Over the … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.09% against the USD to close at 1.0456, as risk appetite eased after the European Central bank failed to introduce sufficient steps to address the region’s debt crisis. LME Copper prices … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.24% against the USD to close at 1.0465, on broad dollar strength. LME Copper prices declined 1.1% or $83.0/MT to $7497.5/ MT. Aluminium prices declined 1.0% or $18.5/MT to $1843.8/ MT. … Continue reading →