For the 24 hours to 23:00 GMT, AUD weakened 0.39% against the USD to close at 1.0972, after the release of disappointing manufacturing data in the US and the UK. In Australia, this morning, the total number of building approvals … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened marginally against the USD, on Friday, to close at 1.1006, In the morning news, the manufacturing activity index in Australia declined to 43.4 in July from 52.9 in June. Additionally, this … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD to close at 1.0999, as investors waited to see whether US lawmakers would be able to agree on a plan to raise the country’s borrowing limit and … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.66% against the USD to close at 1.1031. In the Asian session at 3:00GMT, the pair is trading at 1.1030, marginally lower from yesterday’s close at 23:00 GMT. LME Copper prices … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 1.02% against the USD to close at 1.0959. In the Asian session at 3:00GMT, the pair is trading at 1.1043, 0.77% higher from yesterday’s close at 23:00 GMT, after the Australia’s … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.08% against the USD to close at 1.0848, as investors sought alternatives to the greenback with the US lawmakers remaining at odds on how to raise the debt ceiling and avoid … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.15% against the USD, on Friday, to close at 1.0850. Australian dollar advanced as investors remained confident that the European debt crisis would be contained, boosting the demand for higher-yielding assets. … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.57% against the USD to close at 1.0834, on the back of positive sentiment from Europe’s approval of a second Greek bailout. In the US, the Federal Reserve Bank of Philadelphia … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.31% against the USD to close at 1.0773. In the morning economic news, the Reserve Bank of Australia foreign exchange transaction rose to 1280 million in June, from 601 million in … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 1.14% against the USD to close at 1.0740, after a bi-partisan plan to avoid a US debt default emerged in the US overnight. According to media reports, a bipartisan group of … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.33% against the USD to close at 1.0619. Minutes from the most recent Reserve Bank of Australia (RBA) board meeting reveal a greater concern with the global economy and less emphasis … Continue reading →