AUD/USD: Aussie trading higher, after losing ground yesterday

For the 24 hours to 23:00 GMT, AUD weakened 0.48% against the USD to close at 1.0430, after the release of the Reserve Bank of Australia (RBA) minutes. The Australian dollar fell against the greenback after the release of the … Continue reading

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AUD/USD: Aussie continues to trade higher

For the 24 hours to 23:00 GMT, AUD strengthened 0.98% against the USD to close at 1.0480, as rise in the US stock markets overshadowed the weak US economic data, raising appeal for high yielding assets. In the Asian session … Continue reading

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AUD/USD: Australian dollar continues to add to Friday’s gains

For the 24 hours to 23:00 GMT, AUD strengthened 0.13% against the USD, on Friday, to close at 1.0347. In the Asian session at 3:00GMT, the pair is trading at 1.0407, 0.58% higher from Friday’s close at 23:00 GMT. LME … Continue reading

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AUD/USD: AUD rose on higher risk appetite, trading lower this morning

For the 24 hours to 23:00 GMT, AUD strengthened 1.84% against the USD to close at 1.0334. In the US, initial jobless claims, for the week ended 6 August 2011, declined unexpectedly to 395,000, compared to the prior week’s revised … Continue reading

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AUD/USD: AUD trading lower on weak jobs data in Australia

For the 24 hours to 23:00 GMT, AUD weakened 2.07% against the USD to close at 1.0147. In the US, on a seasonally adjusted basis, wholesale inventories rose 0.6% (M-o-M) to $458.7 billion in June. This morning, the Australian Bureau … Continue reading

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AUD/USD: Aussie erases yesterday’s gains, trading lower this morning

For the 24 hours to 23:00 GMT, AUD strengthened 2.12% against the USD to close at 1.0361, after the US Federal Reserve indicated that it would maintain a low interest rate for at least the next two years. In Australia, … Continue reading

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AUD/USD: AUD continues to decline on risk aversion

For the 24 hours to 23:00 GMT, AUD weakened 2.61% against the USD to close at 1.0146, as concerns over the slowing global growth dented investor sentiment. This morning, in Australia, the value of housing loans extended to owner-occupied homes, … Continue reading

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AUD/USD: Australian dollar slides on US rating downgrade

For the 24 hours to 23:00 GMT, AUD strengthened 0.19% against the USD, on Friday, to close at 1.0452. In the Asian session at 3:00GMT, the pair is trading at 1.0377, 0.72% lower from Friday’s close at 23:00 GMT, as … Continue reading

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AUD/USD: Australian dollar trading higher this morning, little reaction to RBA’s action

For the 24 hours to 23:00 GMT, AUD weakened 3.06% against the USD to close at 1.0432, as concerns over the US economy and the European sovereign debt crisis deepened. Today morning, the Reserve Bank of Australia (RBA) slashed its … Continue reading

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AUD/USD: Trading lower in the Asian session

For the 24 hours to 23:00 GMT, AUD strengthened 0.19% against the USD to close at 1.0761. In the Asian session at 3:00GMT, the pair is trading at 1.0705, 0.52% lower from yesterday’s close at 23:00 GMT. LME Copper prices … Continue reading

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AUD/USD: Australian dollar continues to fall, disappointing retail sales and trade data dampens investor sentiment

For the 24 hours to 23:00 GMT, AUD weakened 2.11% against the USD to close at 1.0741, after the Reserve Bank of Australia (RBA) decided to keep the cash rate on hold for at least another month. Australia’s central bank … Continue reading

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