AUD/USD: Aussie continues its downward journey this morning

For the 24 hours to 23:00 GMT, AUD weakened 1.02% against the USD, on Friday, to close at 0.9729. In Australia, this morning, the Performance of Manufacturing Index (PMI) declined to 42.3 in September, from 43.3 in August. In the … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

For the 24 hours to 23:00 GMT, AUD weakened 1.00% against the USD to close at 0.9829. In Australia, yesterday, job vacancies rose 3.3% (M-o-M) in August, following a 4.5% decline in July. This morning, in the economic news, the … Continue reading

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AUD/USD: Aussie fall on Europe debt woes

For the 24 hours to 23:00 GMT, AUD strengthened 0.56% against the USD to close at 0.9928. In Australia, yesterday, the HIA new home sales rose 1.1% (M-o-M) in August compared to 8% decline in July. In the US, the … Continue reading

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AUD/USD: Aussie continues to trade higher

For the 24 hours to 23:00 GMT, AUD strengthened 2.01% against the USD to close at 0.9873. In the Asian session at 3:00GMT, the Australian Dollar is trading at 0.9878, marginally higher from yesterday’s close at 23:00 GMT. LME Copper … Continue reading

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AUD/USD: Aussie moves northward in Asian session

For the 24 hours to 23:00 GMT, AUD weakened 1.28% against the USD to close at 0.9678, amid uncertainty whether Greece can get help to avoid a debt default and amid a broad commodity sell-off. However, in the Asian session … Continue reading

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AUD/USD: Aussie continues to slip on euro-zone concerns

For the 24 hours to 23:00 GMT, AUD weakened 1.75% against the USD, on Friday, to close at 0.9829. The Standard & Poor’s Ratings Services affirmed Australia’s long-term AAA credit rating amid the country’s economic resilience, public policy stability and … Continue reading

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AUD/USD: Aussie trading lower in the Asian session

For the 24 hours to 23:00 GMT, AUD weakened 2.58% against the USD to close at 1.0004. In the Asian session at 3:00GMT, the Australian Dollar is trading at 0.9808, 1.96% lower from yesterday’s close at 23:00 GMT, after the … Continue reading

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AUD/USD: Aussie trading lower this morning on disappointing Chinese Manufacturing PMI

For the 24 hours to 23:00 GMT, AUD strengthened 0.47% against the USD to close at 1.0269. In the Asian session at 3:00GMT, the Australian Dollar is trading at 0.9999, 2.63% lower from yesterday’s close at 23:00 GMT, after the … Continue reading

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AUD/USD: Aussie advances this morning after yesterday’s fall

For the 24 hours to 23:00 GMT, AUD weakened 0.41% against the USD to close at 1.0221. Australian dollar declined yesterday, in the morning, following RBA’s signal that it would hold interest rates. In the Asian session at 3:00GMT, the … Continue reading

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AUD/USD: Aussie continues to fall on European woes

For the 24 hours to 23:00 GMT, AUD weakened 0.51% against the USD to close at 1.0263, as investor sentiment dented over more disappointing attempts by European policymakers to solve their deteriorating sovereign debt crisis. This morning, the minutes of … Continue reading

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AUD/USD: Aussie backpedals this morning after Friday’s surge

For the 24 hours to 23:00 GMT, AUD strengthened 1.30% against the USD, on Friday, to close at 1.0340. In the Asian session at 3:00GMT, the Australian Dollar is trading at 1.0254, 0.83% lower from Friday’s close. LME Copper prices … Continue reading

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