For the 24 hours to 23:00 GMT, AUD weakened 1.54% against the USD to close at 1.0173 This morning, Australia’s central bank left open the possibility of a cut in interest rates as early as November. In the minutes of … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 1.83% against the USD, on Friday, to close at 1.0341. In the Asian session, at GMT0300, the pair is trading at 1.0312, with the AUD trading 0.28% lower from Friday’s close. … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened slightly against the USD to close at 1.0155. In the Asian session, at GMT0300, the pair is trading at 1.0171, with AUD trading 0.16% higher from yesterday’s close. LME Copper prices … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 2.03% against the USD to close at 1.0160. In the Asian session, at GMT0300, the pair is trading at 1.0182, with the AUD trading 0.22% higher from the yesterday’s close, following … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.25% against the USD to close at 0.9958, after Slovakia’s ruling coalition failed to end a dispute over participation in a eurozone bailout fund, reducing demand for riskier assets. In Australia, … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 2.34% against the USD to close at 0.9983. This morning, in Australia, the National Australia Bank (NAB) reported that its business confidence index climbed to -2.0 in September, from -9.0 in … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 1.34% against the USD, on Friday, to close at 0.9812, as better-than-expected US jobs data raised demand for high yielding assets. In the US, the total non-farm payroll employment increased by … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 1.21% against the USD to close at 0.9682, as commodity prices rose and after the European Central Bank’s statement that it would keep assisting banks to stem a possible credit crunch, … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.85% against the USD to close at 0.9566. In the Asian session, at GMT0300, the pair is trading at 0.9632, with the AUD trading 0.69% higher from the New York close. … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 1.42% against the USD to close at 0.9485, after the Reserve Bank of Australia (RBA) kept its key interest rates unchanged at 4.75%. RBA Governor, Glenn Stevens, yesterday, stated that the … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 1.11% against the USD to close at 0.9622. In Australia, this morning, the trade surplus widened to A$3.1 billion in August, from a surplus of A$1.82 billion in July. Additionally, the … Continue reading →