AUD/USD: Australia’s consumer confidence index fell to a 4-year low level in October

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally declined against the USD and closed at 0.673. LME Copper prices rose 0.4% or $24.5/MT to $5650.5/MT. Aluminium prices rose 1.1% or $19.0/MT to $1732.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s NAB business conditions advanced and business confidence deteriorated, both, in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.34% against the USD and closed at 0.6731. LME Copper prices rose 0.5% or $27.0/MT to $5626.0/MT. Aluminium prices rose 0.7% or $11.5/MT to $1713.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s AiG performance of construction index declined for the 13th consecutive month in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.34% against the USD and closed at 0.6770 on Friday. LME Copper prices declined 0.5% or $27.0/MT to $5599.0/MT. Aluminium prices rose 0.3% or $4.5/MT to $1701.5/MT. In … Continue reading

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AUD/USD: Australia’s retail sales advanced less-than-estimated in August

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.61% against the USD and closed at 0.6747. LME Copper prices declined 0.1% or $3.0/MT to $5626.0/MT. Aluminium prices remained unchanged at $1697/MT. In the Asian session, at … Continue reading

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AUD/USD: Australia’s trade surplus narrowed in August

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded flat against the USD and closed at 0.6706. LME Copper prices rose 0.3% or $19.0/MT to $5629.0/MT. Aluminium prices declined 0.5% or $8.0/MT to $1697.0/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading higher, ahead of trade balance data

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.64% against the USD and closed at 0.6706. LME Copper prices declined 2.1% or $118.0/MT to $5610.0/MT. Aluminium prices rose 0.1% or $2.0/MT to $1705.5/MT. In the Asian … Continue reading

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AUD/USD: RBA cuts interest rate to 0.75%

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.22% against the USD and closed at 0.6749. LME Copper prices rose 0.3% or $14.0/MT to $5728.0/MT. Aluminium prices declined 0.6% or $9.5/MT to $1703.5/MT. Overnight data showed … Continue reading

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AUD/USD: Australia’s private sector credit demand rose in August

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.22% against the USD and closed at 0.6765 on Friday. LME Copper prices declined 0.8% or $43.0/MT to $5714.0/MT. Aluminium prices declined 0.6% or $11.0/MT to $1713.0/MT. In … Continue reading

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AUD/USD: Aussie trading higher in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally declined against the USD and closed at 0.6750. LME Copper prices rose 0.7% or $38.5/MT to $5757.0/MT. Aluminium prices declined 0.7% or $12.0/MT to $1724.0/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading slightly higher in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.71% against the USD and closed at 0.6753. LME Copper prices declined 0.7% or $42.5/MT to $5718.5/MT. Aluminium prices declined 0.9% or $15.5/MT to $1736.0/MT. In the Asian … Continue reading

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AUD/USD: RBA Governor Philip Lowe hints rate cut in October meeting

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.38% against the USD and closed at 0.6801. LME Copper prices rose 1.2% or $66.0/MT to $5761.0/MT. Aluminium prices declined 0.3% or $4.5/MT to $1751.5/MT. Separately, the Reserve … Continue reading

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