AUD/USD: Australian Dollar extends decline against greenback

For the 24 hours to 23:00 GMT, AUD weakened 0.62% against the USD, on Friday, to close at 1.0658. In the Asian session at 3:00GMT, the pair is trading at 1.0604, 0.51% lower from Friday’s close at 23:00 GMT. LME … Continue reading

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AUD/USD: Pair showing convergence with its MA’s

For the 24 hours to 23:00 GMT, AUD weakened 0.41% against the USD to close at 1.0724. In the Asian session at 3:00GMT, the pair is trading at 1.0737, 0.12% higher from yesterday’s close at 23:00 GMT. LME Copper prices … 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 1.58% against the USD to close at 1.0768, on the back of robust Chinese data, fueling appetite for higher-yielding assets. In Australia, this morning, the consumer inflation expectations rose to 3.4% … Continue reading

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AUD/USD: Pair trading between its MA’s

For the 24 hours to 23:00 GMT, AUD weakened 0.34% against the USD to close at 1.0600. In the morning economic news, the Westpac consumer confidence in Australia declined 8.3% in July to 92.8, down from 101.2 in June. In … Continue reading

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AUD/USD: Trading lower after Australia business confidence declined

For the 24 hours to 23:00 GMT, AUD weakened 0.78% against the USD to close at 1.0636. Australian business confidence fell to 0, a six-month low in June, from +6 previously. In the Asian session at 3:00GMT, the pair is … Continue reading

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AUD/USD: Aussie continue to trade lower, amid rising risk aversion

For the 24 hours to 23:00 GMT, AUD weakened 0.09% against the USD, on Friday, to close at 1.0760, as risk aversion grew among investors, following a weak US jobs data and a rise in China’s consumer price inflation. In … Continue reading

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AUD/USD: Australian Dollar rose on robust jobs data, trading flat this morning

For the 24 hours to 23:00 GMT, AUD strengthened 0.71% against the USD to close at 1.0770, amid strong Australian jobs data. The unemployment rate remained steady at 4.9% in June, while 23,400 jobs were added in June. In the … Continue reading

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AUD/USD: Aussie surges on strong jobs data

For the 24 hours to 23:00 GMT, AUD strengthened 0.03% against the USD to close at 1.0694. In the Asian session at 3:00GMT, the pair is trading at 1.0757, 0.59% higher from yesterday’s close at 23:00 GMT, after a government … Continue reading

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AUD/USD: Aussie declined yesterday, after RBA holds rate steady, trading higher this morning

For the 24 hours to 23:00 GMT, AUD weakened 0.45% against the USD to close at 1.0691, after the Reserve Bank of Australia (RBA) left its key interest rates unchanged and stated that growth for this year is unlikely to … Continue reading

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AUD/USD: Australian dollar trading lower in Asian session

For the 24 hours to 23:00 GMT, AUD weakened 0.34% against the USD to close at 1.0739, amid weak Australian retail sales data. In Australia, the AiG performance of services index declined to 48.5 in June from 49.9 in the … Continue reading

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AUD/USD: Aussie slides on disappointing retail sales and building approvals data

For the 24 hours to 23:00 GMT, AUD strengthened 0.64% against the USD, on Friday, to close at 1.0781. In the Asian session at 3:00GMT, the pair is trading at 1.0746, 0.32% lower from Friday’s close at 23:00 GMT, following … Continue reading

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