AUD/USD: Aussie continues to trade higher in the Asian session

For the 24 hours to 23:00 GMT, AUD strengthened 0.76% against the USD to close at 1.0017. LME Copper prices weakened 0.3% or $21.0/MT to $ 7376.3/ MT. Aluminium prices rose marginally or $0.5/MT to $ 1924.3/ MT. In the … Continue reading

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AUD/USD: Aussie rises after yesterday’s decline

For the 24 hours to 23:00 GMT, AUD weakened 0.21% against the USD to close at 0.9942. LME Copper prices rose 0.2% or $13.5/MT to $7397.3/ MT. Aluminium prices declined 0.1% or $2.0/MT to $1923.8/ MT.In the Asian session, at … Continue reading

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AUD/USD: Aussie trading above its MA

For the 24 hours to 23:00 GMT, AUD strengthened 1.05% against the USD to close at 0.9963. LME Copper prices declined 0.2% or $7383.8/MT to $7383.8/ MT. Aluminium prices declined 0.9% or $17.5/MT to $1925.8/ MT. In the Asian session, … Continue reading

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AUD/USD: Aussie trading higher this morning

For the 24 hours to 23:00 GMT, AUD weakened 1.26% against the USD to close at 0.9859, as risk aversion increased. LME Copper prices rose 2.0% or $144.5/MT to $7395.8/ MT. Aluminium prices rose 0.3% or $5.0/MT to $1943.3/ MT. … Continue reading

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AUD/USD: Aussie continues to cement gains in the Asian session

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.21% against the USD to close at 0.9927. LME Copper prices declined 3.1% or $229.0/MT to $7251.3/ MT. Aluminium prices declined 8.5% or $0.4/MT to $1938.3/ MT. Over the … Continue reading

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AUD/USD: Aussie trading lower this morning

For the 24 hours to 23:00 GMT, AUD weakened 0.05% against the USD to close at 0.9906. Yesterday, the People’s Bank of China reduced the one-year loan rate by a quarter point to 6.31%, effective from 8 June. The one-year … Continue reading

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AUD/USD: Aussie spiked on upbeat employment data in Australia

For the 24 hours to 23:00 GMT, AUD strengthened 1.58% against the USD to close at 0.9911. LME Copper prices rose 1.3% or $95.3/MT to $7459.3/ MT. Aluminium prices rose 0.4% or $8.3/MT to $1944.8/ MT. In the Asian session, … Continue reading

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AUD/USD: Australian Dollar rises on firmer GDP growth data

For the 24 hours to 23:00 GMT, AUD strengthened 0.26% against the USD to close at 0.9757. Yesterday, Reserve Bank of Australia (RBA) slashed its key interest rate by 0.25% to 3.50%, in line with the market expectation. In the … Continue reading

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AUD/USD: Aussie lower this morning on weak China PMI report

For the 24 hours to 23:00 GMT, AUD strengthened 0.18% against the USD to close at 0.9723. LME Copper prices declined 0.3% or $26.0/MT to $ 7516.5/ MT. Aluminium prices declined 0.8% or $16.0/MT to $ 1973.3/ MT. In the … Continue reading

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AUD/USD: Marginal gains for the AUD this morning

For the 24 hours to 23:00 GMT, AUD weakened 1.31% against the USD to close at 0.9705, as mounting concerns about the economic situation in Euro-zone dampened the demand for high-yielding assets. LME Copper prices declined 1.9% or $142.8/MT to … Continue reading

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AUD/USD: Aussie drifting lower after retail sales in Australia fell unexpectedly

For the 24 hours to 23:00 GMT, AUD weakened 0.9834% against the USD to close at 0.9834. LME Copper prices declined 0.7% or $53.8/MT to $7685.3/ MT. Aluminium prices declined 0.1% or $1.0/MT to $1979.3/ MT. In the Asian session, … Continue reading

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