For the 24 hours to 23:00 GMT, AUD traded 0.32% higher against the USD to close at 1.0970. In the morning news, the Australian Bureau of Statistics reported that the average price for a home in Australia was down 1.7% … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.70% against the USD to close at 1.0935. The Australian dollar rallied past $1.09 for the first time since it was floated on speculation the central bank would raise interest rates … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.60% against the USD to close at 1.0859. LME Copper prices declined 1.1% or $107.3/MT to $9,348.3/ MT. Aluminium prices advanced 0.7% or $19.0/MT to $2,739.5/ MT. In the Asian session … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.64% against the USD to close at 1.0794. The Australian Bureau of Statistics reported that the consumer price index rose by 1.6% in first quarter of 2011. LME Copper prices declined … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.29% against the USD to close at 1.0725. In the Asian session at 3:00GMT, the pair is trading at 1.0688, 0.34% lower from the New York session close. LME Copper prices … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 1.37% against the USD to close at 1.0681. In Australia, the producer price index rose 1.2% (Q-o-Q) for the three months ended on March. LME Copper prices rose 1.9% or $171.8/MT … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.50% against the USD to close at 1.0537, as investors risk appetite increased on the back of some encouraging economic reports. In Australia, the Westpac Leading Index rose 0.4% (M-o-M) in … Continue reading →

For the 24 hours to 23:00 GMT, AUD weakened 0.71% against the USD to close at 1.0485. In Australia, minutes of the April meeting of the Reserve Bank of Australia’s monetary policy committee showed that members considered 4.75% key cash … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD, on Friday to close at 1.0560. In the Asian session at 3:00GMT, the pair is trading at 1.0558, 0.02% lower from the New York session close. LME … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.44% against the USD to close at 1.0539. Minneapolis Federal Reserve, President Narayana Kocherlakota stated that the recent rise in oil prices was no prelude to broader price increases that would … Continue reading →

For the 24 hours to 23:00 GMT, AUD strengthened 0.43% against the USD to close at 1.0493. In Australia, consumer inflation expectation decreased marginally to 3.5% in April 2011 following an increase of 3.6% in March. Additionally, on monthly basis, … Continue reading →