AUD/USD: Aussie marginally higher this morning

For the 24 hours to 23:00 GMT, AUD weakened 0.10% against the USD to close at 1.0490. LME Copper prices rose 0.8% or $61.0/MT to $ 7580.5/ MT. Aluminium prices rose 0.6% or $11.0/MT to $ 1862.3/ MT. In the … Continue reading

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AUD/USD: Aussie extends its gains after building data in Australia

For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 1.0501. In China, the leading index fell to a reading of 99.28 in June, compared to a reading of 99.58 in May. LME Copper … Continue reading

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AUD/USD: Aussie backpedals this morning

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.81% against the USD to close at 1.0481. LME Copper prices rose 0.6% or $44.5/MT to $7554.8/ MT. Aluminium prices declined 0.3% or $5.5/MT to $1859.8/ MT. In the … Continue reading

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AUD/USD: Aussie advanced on higher risk appetite

For the 24 hours to 23:00 GMT, AUD strengthened 0.84% against the USD to close at 1.0397, as risk appetite increased among investors following positive US economic data and bullish comments from ECB President, Mario Draghi. In the US, durable … Continue reading

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AUD/USD: Australian Dollar rises on Nowotny’s comment on ESM banking licence

For the 24 hours to 23:00 GMT, AUD strengthened 0.91% against the USD to close at 1.0310, buoyed by comments about the possibility of a Euro-zone bailout solution. Investors risk appetite was boosted, after European Central Bank council member, Ewald … Continue reading

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AUD/USD: Australia Q2 CPI rises 0.5% (QoQ) in second quarter

For the 24 hours to 23:00 GMT, AUD weakened 0.45% against the USD to close at 1.0217. LME Copper prices rose 0.1% or $9.3/MT to $ 7395.8/ MT. Aluminium prices rose 0.2% or $4.5/MT to $ 1839.8/ MT. In the … Continue reading

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AUD/USD: Aussie continues to trade lower

For the 24 hours to 23:00 GMT, AUD weakened 0.81% against the USD to close at 1.0263. In China, Song Guoqing, a member of the People’s Bank of China monetary policy committee stated during the weekend that China’s economic expansion … Continue reading

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AUD/USD: Risk aversion weighs on the Aussie

For the 24 hours to 23:00 GMT on Friday, AUD weakened 0.42% against the USD to close at 1.0379. In China, MNI Flash business sentiment index fell to a reading of 49.63 in July, compared to a reading of 53.21 … Continue reading

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AUD/USD: Aussie gives up yesterday’s gains

For the 24 hours to 23:00 GMT, AUD strengthened 0.60% against the USD to close at 1.0423. LME Copper prices rose 2.2% or $169.3/MT to $7764.8/ MT. Aluminium prices rose 2.2% or $40.5/MT to $1908.8/ MT. In the Asian session, … Continue reading

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AUD/USD: Aussie continues its rally in the Asian session

For the 24 hours to 23:00 GMT, AUD strengthened 0.52% against the USD to close at 1.0361. LME Copper prices declined 1.0% or $75.0/MT to $7595.5/ MT. Aluminium prices declined 1.1% or $20.0/MT to $1868.3/ MT. In the Asian session, … Continue reading

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AUD/USD: Aussie gives up yesterday’s gain this morning

For the 24 hours to 23:00 GMT, AUD strengthened 0.63% against the USD to close at 1.0307. LME Copper prices rose 0.5% or $35.0/MT to $ 7670.5/ MT. Aluminium prices rose 1.4% or $26.8/MT to $ 1888.3/ MT. In the … Continue reading

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