For the 24 hours to 23:00 GMT on Friday, AUD weakened 0.30% against the USD to close at 1.0026, after series of disappointing economic data from China, Australia’s biggest trading partner, dented investor sentiment. In China, industrial production rose 9.3% … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD to close at 1.0056. In the Asian session, at GMT0300, the pair is trading at 1.0068, with the AUD trading 0.12% higher from yesterday’s close. This morning, … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.43% against the USD to close at 1.0053. LME Copper prices declined 1.8% or $145.0/MT to $ 8088.5/ MT. Aluminium prices declined 1.9% or $39.0/MT to $ 1986.8/ MT. In the … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 1.09% against the USD to close at 1.0096, following wider-than-expected trade deficit in Australia in March. Meanwhile, Australian federal government’s in its fiscal budget for 2012-13 announced that nation’s economy would … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.77% against the USD to close at 1.0208, following a series of positive economic data in Australia. In Australia, building permits rose 7.4% (MoM) in March, while retail sales rose 0.9% … Continue reading →

  For the 24 hours to 23:00 GMT, AUD weakened 0.50% against the USD to close at 1.0265. In the Asian session, at GMT0300, the pair is trading at 1.0269, with the AUD trading marginally higher from yesterday’s close, after … Continue reading →

  For the 24 hours to 23:00 GMT, AUD weakened 0.17% against the USD to close at 1.0316. In the Asian session, at GMT0300, the pair is trading at 1.0295, with the AUD trading 0.21% lower from yesterday’s close, after … Continue reading →

  For the 24 hours to 23:00 GMT, AUD weakened 0.82% against the USD to close at 1.0333, after the Reserve Bank of Australia (RBA) slashed the key interest rate by 50 basis points to 3.75% from 4.25%. The rate … Continue reading →

  For the 24 hours to 23:00 GMT, AUD weakened 0.36% against the USD to close at 1.0419. In the Asian session, at GMT0300, the pair is trading at 1.0410, with the AUD trading 0.08% lower from yesterday’s close, after … Continue reading →

  For the 24 hours to 23:00 GMT, AUD strengthened 0.95% against the USD, on Friday, to close at 1.0461, after disappointing data on US first quarter growth added to expectations that the Federal Reserve may implement fresh easing measures. … Continue reading →

  For the 24 hours to 23:00 GMT, AUD strengthened 0.06% against the USD to close at 1.0363. In the US, the initial jobless claims declined to 388,000 for week ended 21st April, from 389,000 in previous week. Market was … Continue reading →