AUD/USD: Pair trading below its MA’s

For the 24 hours to 23:00 GMT, AUD weakened 0.95% against the USD to close at 1.0073. In the Asian session, at GMT0400, the pair is trading at 1.0085, with the AUD trading 0.12% higher from yesterday’s close. LME Copper … Continue reading

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AUD/USD: Pair trading below its MA’s

For the 24 hours to 23:00 GMT, AUD weakened 0.23% against the USD to close at 1.0170, as Euro-zone debt crisis fears diminished demand for high-yielding assets. In the Asian session, at GMT0400, the pair is trading at 1.0089, with … Continue reading

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AUD/USD: Aussie recoups its yesterday’s losses as RBA sounds less than dovish

For the 24 hours to 23:00 GMT, AUD weakened 1.32% against the USD to close at 1.0193, as concerns that Europe would struggle to contain its sovereign-debt crisis sapped demand for riskier currencies. In the Asian session, at GMT0400, the … Continue reading

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AUD/USD: Aussie extends its Friday’s gains

For the 24 hours to 23:00 GMT, AUD strengthened 1.26% against the USD, on Friday, to close at 1.0276, amid optimism that Italian government would avoid debt turmoil. In the Asian session, at GMT0400, the pair is trading at 1.0305, … Continue reading

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AUD/USD: Aussie continues to trade higher, Australia’s Treasurer, Swan calls on Europe to act quickly to end crisis

For the 24 hours to 23:00 GMT, AUD strengthened 0.19% against the USD to close at 1.0148, following a report that showed that Australia’s unemployment rate eased unexpectedly in October. This morning, Australian Treasurer, Wayne Swan stated that the country … Continue reading

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AUD/USD: Australian Dollar halts decline amid positive employment report

For the 24 hours to 23:00 GMT, AUD weakened 2.37% against the USD to close at 1.0129, over renewed Euro-zone debt concerns, amid a leadership crisis in Greece, and as Italian 10-year government bonds yield soared to more than 7%. … Continue reading

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AUD/USD: Pair converging with its MA’s

For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 1.0375. In economic news, this morning, the Westpac Consumer Sentiment Index stood at 103.4 in November compared to 97.2 in October. In the Asian … Continue reading

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AUD/USD: Aussie as trade balance, business confidence data disappoints investors

For the 24 hours to 23:00 GMT, AUD weakened 0.36% against the USD to close at 1.0376, as investors’ concerns that the Euro-zone debt crisis would spread to Italy, reduced demand for high-yielding assets. In Australia, this morning, the National … Continue reading

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AUD/USD: Trading lower this morning, construction index in Australia declines

For the 24 hours to 23:00 GMT, AUD traded flat against the USD, on Friday, to close at 1.0398. In Australia, this morning, the AiG Performance of Construction Index declined to 34.7 in October compared to 30.0 in the previous … Continue reading

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AUD/USD: Australian Dollar declines after RBA cuts inflation forecast

For the 24 hours to 23:00 GMT, AUD strengthened 0.89% against the USD to close at 1.0397. In the Asian session, at GMT0400, the pair is trading at 1.0381, with the AUD trading 0.15% lower from yesterday’s close, after the … Continue reading

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AUD/USD: Aussie slips amid retail sales data

For the 24 hours to 23:00 GMT, AUD strengthened 0.13% against the USD to close at 1.0305. In the Asian session, at GMT0400, the pair is trading at 1.0256, with the AUD trading 0.48% lower from yesterday’s close, following the … Continue reading

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