AUD/USD: Aussie weakened on downbeat Chinese imports, trading higher this morning

  For the 24 hours to 23:00 GMT, AUD weakened 0.64% against the USD to close at 1.0239, after China, the country’s largest trading partner posted a downbeat imports growth. Chinese imports rose just 5.3% in March, after increasing 39.6% … Continue reading

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AUD/USD: Chinese trade surplus boosts Aussie

  For the 24 hours to 23:00 GMT, AUD strengthened 0.16% against the USD to close at 1.0305, on speculation that the US Federal Reserve may add stimulus after a report on Friday showed that US employers added fewer jobs … Continue reading

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AUD/USD: Trading higher this morning

For the 24 hours to 23:00 GMT, AUD weakened 0.39% against the USD to close at 1.0276, after the Australia’s trade account unexpectedly remained in deficit for a second straight month in February. In the Asian session, at GMT0300, the … Continue reading

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AUD/USD: Aussie down after Australia records $480 million trade deficit‎

For the 24 hours to 23:00 GMT, AUD weakened 1.02% against the USD to close at 1.0317, after the Reserve Bank of Australia left its benchmark interest rate unchanged, in line with expectations, but stated that it may cut rates … Continue reading

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AUD/USD: Aussie trading higher ahead of RBA interest rate decision

For the 24 hours to 23:00 GMT, AUD weakened 0.13% against the USD to close at 1.0423. LME Copper prices declined $0.3/MT to $8479.5/ MT. Aluminium prices declined 0.8% or $17.0/MT to $2081.3/ MT. In the Asian session, at GMT0300, … Continue reading

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AUD/USD: Aussie trading higher after China PMI at an 11-month high

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.57% against the USD to close at 1.0437. In the Asian session, at GMT0300, the pair is trading at 1.0399, with the AUD trading 0.39% higher from Friday’s close, … Continue reading

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AUD/USD: Aussie trading higher on series of positive economic data in Australia

For the 24 hours to 23:00 GMT, AUD weakened 0.14% against the USD to close at 1.0377. In the Asian session, at GMT0300, the pair is trading at 1.0394, with the AUD trading 0.16% higher from yesterday’s close. On the … Continue reading

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AUD/USD: Aussie continues to drift lower this morning

For the 24 hours to 23:00 GMT, AUD weakened 0.55% against the USD to close at 1.0391. In the Asian session, at GMT0300, the pair is trading at 1.0366, with the AUD trading 0.24% lower from yesterday’s close. Data released … Continue reading

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AUD/USD: Aussie extends its losses in the Asian session

For the 24 hours to 23:00 GMT, AUD weakened 0.72% against the USD to close at 1.0448. In the Asian session, at GMT0300, the pair is trading at 1.0434, with the AUD trading 0.14% lower from yesterday’s close. LME Copper … Continue reading

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AUD/USD: Aussie holds US$1.05 level on Bernanke’s indication on rates

For the 24 hours to 23:00 GMT, AUD strengthened 0.41% against the USD to close at 1.0525, following indications from Federal Reserve Chairman, Ben Bernanke that the US would keep interest rates low. In the Asian session, at GMT0300, the … Continue reading

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AUD/USD: Aussie loses steam in the Asian session after Friday’s rise

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.67% against the USD to close at 1.0464, on broad dollar weakness. In the Asian session, at GMT0300, the pair is trading at 1.0456, with the AUD trading 0.08% … Continue reading

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