For the 24 hours to 23:00 GMT, AUD strengthened 0.12% against the USD to close at 1.0570. LME Copper prices declined 1.7% or $147.0/MT to $8,709.5/ MT. Aluminium prices declined 2.7% or $71.3/MT to $2,576.5/ MT. In the Asian session … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.85% against the USD, on Friday, to close at 1.0570, as commodity prices declined. The Australian dollar remained under pressure as Greece’s sovereign debt problems continued to worry investors. In Australia, … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.38% against the USD to close at 1.0661, as employment data in Australia came below market expectations. The economy lost 22,100 jobs in April, against expectations of a rise of 17,000, … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 1.40% against the USD to close at 1.0702, on tumbling commodity prices. In the Asian session at 3:00GMT, the pair is trading at 1.0623, 0.74% lower from the New York session … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.58% against the USD to close at 1.0854, amid rise in commodity prices. In the US, the Federal Reserve Bank of Richmond President, Jeffrey Lacker, stated that the US Federal Reserve … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.71% against the USD to close at 1.0791, on sharp rebound in commodities prices. In economic news, the Australian trade balance recorded a surplus by A$1740 million during the month of … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.78% against the USD, on Friday, to close at 1.0686, following better than expected US jobs data and expectations that Australian interest rates may go up soon. On Friday, the Reserve … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 1.39% against the USD to close at 1.0603, amid fall in commodities and as Australian retail sales for March, unexpectedly declined. In Australia, the Bureau of Statistics reported that the nation’s … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.88% against the USD to close at 1.0752. Australian dollar remained under pressure, on speculation that the Australian policy makers would maintain their interest rates till the end of third quarter, … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.90% against the USD to close at 1.0848. In the US, the Federal Reserve Bank of Kansas City President, Thomas Hoenig stated that the central bank should start increasing interest rates, … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.10% against the USD to close at 1.0946. In Australia, the TD securities-Melbourne institute inflation gauge rose by 0.3% in April, compared to 0.6% rise in March. Additionally, house price index … Continue reading →