AUD/USD: Pair trading steady in the Asian session

For the 24 hours to 23:00 GMT, AUD strengthened 0.09% against the USD to close at 0.9839. LME Copper prices rose 0.6% or $43.8/MT to $7739.0/ MT. Aluminium prices rose 0.1% or $1.0/MT to $1980.3/ MT. In the Asian session, … Continue reading

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AUD/USD: Aussie buoyed by Greece euro hopes

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.67% against the USD to close at 0.9830. LME Copper prices rose 0.5% or $35.3/MT to $ 7695.3/ MT. Aluminium prices rose 0.5% or $10.8/MT to $ 1979.3/ MT. … Continue reading

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AUD/USD: Aussie continues to add to yesterday’s losses

For the 24 hours to 23:00 GMT, AUD weakened marginally against the USD to close at 0.9765. LME Copper prices rose 0.4% or $29.8/MT to $ 7660.0/ MT. Aluminium prices declined 0.4% or $7.3/MT to $ 1968.5/ MT. In the … Continue reading

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AUD/USD: Aussie lower after Chinese PMI disappoints

For the 24 hours to 23:00 GMT, AUD weakened 0.28% against the USD to close at 0.9767, as pessimism over the outcome of a summit of European leaders weighed on the investor sentiment. LME Copper prices declined 1.8% or $142.3/MT … Continue reading

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AUD/USD: Aussie down on Europe & China concerns

For the 24 hours to 23:00 GMT, AUD weakened 1.18% against the USD to close at 0.9795. LME Copper prices declined 0.4% or $27.5/MT to $ 7772.5/ MT. Aluminium prices declined 0.4% or $7.5/MT to $ 1996.3/ MT. In the … Continue reading

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AUD/USD: Aussie gives up some gains in the Asian session

For the 24 hours to 23:00 GMT, AUD strengthened 1.09% against the USD to close at 0.9912. LME Copper prices rose 0.1% or $4.8/MT to $ 7800.0/ MT. Aluminium prices declined 0.6% or $12.5/MT to $ 2003.8/ MT. In the … Continue reading

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AUD/USD: Aussie gaining strength this morning after Friday’s sharp fall

For the 24 hours to 23:00 GMT on Friday, AUD weakened 0.72% against the USD to close at 0.9819. On Friday, the Australian Prime Minister, Julia Gillard, affirmed that the nation has come out of the global financial crisis strongly, … Continue reading

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AUD/USD: Aussie fell on rising risk aversion

For the 24 hours to 23:00 GMT, AUD weakened 0.31% against the USD to close at 0.9890, as risk aversion increased among investors, after Moody’s Investors Service cut the credit ratings of 16 Spanish banks and Greece was downgraded by … Continue reading

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AUD/USD: Aussie gives up some losses in the Asian session

For the 24 hours to 23:00 GMT, AUD weakened 0.16% against the USD to close at 0.9921, as risk aversion increased amid deepening turmoil in Greece and fears of contagion to other Euro-zone economies. LME Copper prices declined 1.8% or … Continue reading

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AUD/USD: Increased risk aversion weighs on the Aussie Dollar

For the 24 hours to 23:00 GMT, AUD weakened 0.34% against the USD to close at 0.9936, as Greece’s failure to form a new government raised speculation that it may leave the Euro-zone, reducing demand for riskier assets. In the … Continue reading

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AUD/USD: Aussie trading lower after RBA minutes

For the 24 hours to 23:00 GMT, AUD weakened 0.41% against the USD to close at 0.9970, amid rising fears that Greece may exit from Europe’s currency union, reducing demand for riskier assets. In the Asian session, at GMT0300, the … Continue reading

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