AUD/USD: Pair trading between its MA’s

For the 24 hours to 23:00 GMT, AUD weakened 2.32% against the USD to close at 1.0292. In the Asian session, at GMT0300, the pair is trading at 1.0344, with the AUD trading 0.51% higher from yesterday’s close. LME Copper … Continue reading

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AUD/USD: Australian Dollar falls after RBA lowers key policy rate

For the 24 hours to 23:00 GMT, AUD weakened 1.27% against the USD to close at 1.0536. In Australian economic news, this morning, the AiG Performance of Manufacturing Index rose to 47.4 in October compared to 42.3 in September. The … Continue reading

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AUD/USD: Aussie trading below its MA’s

For the 24 hours to 23:00 GMT, AUD weakened 0.28% against the USD, on Friday, to close at 1.0672. In Australia, this morning, the private sector credit rose 0.5% (M-o-M) in September following a 0.2% increase in the previous month. … Continue reading

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AUD/USD: Australian dollar climbs after eurozone agrees on bailout‎, trading lower in Asian session

For the 24 hours to 23:00 GMT, AUD strengthened 2.99% against the USD to close at 1.0702. In the Asian session, at GMT0300, the pair is trading at 1.0674, with the AUD trading 0.26% lower from yesterday’s close. LME Copper … Continue reading

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AUD/USD: Australian dollar rises on EU deal

For the 24 hours to 23:00 GMT, AUD weakened 0.40% against the USD to close at 1.0391. In the Asian session, at GMT0300, the pair is trading at 1.0478, with the AUD trading 0.84% higher from yesterday’s close, after European … Continue reading

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AUD/USD: Aussie continues to trade lower in Asian session

For the 24 hours to 23:00 GMT, AUD weakened 0.30% against the USD to close at 1.0433. The Australian Bureau of Statistics reported that the third quarter Consumer Price Index rose 3.5% (Y-o-Y) and 0.6% (Q-o-Q), down from 3.6% and … Continue reading

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AUD/USD: Aussie rises high on EU optimism‎

For the 24 hours to 23:00 GMT, AUD strengthened 1.34% against the USD to close at 1.0464. The Reserve Bank of Australia (RBA) Deputy Governor Ric Battellino, this morning, signaled no urgency to lower interest rates. In the morning, in … Continue reading

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AUD/USD: Aussie tad higher this morning

For the 24 hours to 23:00 GMT, AUD strengthened 1.17% against the USD, on Friday, to close at 1.0357. In Australia, this morning, the Producer Price Index (PPI), on quarterly basis, rose 2.7% in the third quarter of 2011, following … Continue reading

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AUD/USD: Aussie trading lower in Asian session

For the 24 hours to 23:00 GMT, AUD traded flat against the USD to close at 1.0237. In Australia, this morning, the Export Price Index increased 4.0% in third quarter of 2011, compared to 6.0% rise in the previous quarter. … Continue reading

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AUD/USD: Aussie falls on weak NAB business confidence data

For the 24 hours to 23:00 GMT, AUD weakened 0.17% against the USD to close at 1.0236, on concern that the European leaders won’t reach a resolution to the region’s debt crisis at an October 23 summit. This morning, in … Continue reading

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AUD/USD: Aussie continues its upward journey

For the 24 hours to 23:00 GMT, AUD strengthened 0.79% against the USD to close at 1.0253, after reports showed strong Chinese retail sales and industrial production growth. This morning, the Westpac Leading Index, in Australia, rose 0.8% (M-o-M) in … Continue reading

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