Flat this morning, Showing convergence with short term MA’s

For the 24 hours to 23:00 GMT, AUD strengthened 0.44% against the USD to close at 1.0021. The Conference Board Leading Economic Index for Australia rose by 0.7% in December 2010 from a revised increase of 0.2% in November. Additionally, … Continue reading

Posted in AUD/USD | Leave a comment

Sharp fall yesterday, marginally higher this morning

For the 24 hours to 23:00 GMT, AUD weakened 1.18% against the USD to close at 0.9977. Australia’s Wage Price Index decreased to 1.0% (Q-o-Q) in the December 2010 quarter. The decrease was 0.1%, following the Q3 reading of 1.1%. … Continue reading

Posted in AUD/USD | Leave a comment

Losing ground

For the 24 hours to 23:00 GMT, AUD weakened 0.47% against the USD to close at 1.0096. In the Asian session at 4:00GMT, the pair is trading at 1.0083, 0.13% lower from the New York session close. LME Copper prices … Continue reading

Posted in AUD/USD | Leave a comment

Has given up some gains this morning

For the 24 hours to 23:00 GMT, AUD strengthened 0.37% against the USD on Friday to close at 1.0146. In the Asian session at 4:00GMT, the pair is trading at 1.0124, 0.22% lower from the New York session close. LME … Continue reading

Posted in AUD/USD | Leave a comment

Continues to add to yesterday’s gains

For the 24 hours to 23:00 GMT, AUD strengthened 0.84% against the USD to close at 1.0109. In the US, CPI rose 0.4% (M-o-M) in January after a 0.5% rise in December. In the Asian session at 4:00GMT, the pair … Continue reading

Posted in AUD/USD | Leave a comment

Adding to yesterday’s gains

For the 24 hours to 23:00 GMT, AUD strengthened 0.56% against the USD to close at 1.0025. In the Asian session at 4:00GMT, the pair is trading at 1.0036, 0.11% higher from the New York session close. LME Copper prices … Continue reading

Posted in AUD/USD | Leave a comment

AUD recouping earlier losses

For the 24 hours to 23:00 GMT, AUD weakened 0.66% against the USD to close at 0.9958. In the Asian session at 4:00GMT, the pair is trading at 0.9995, 0.37% higher from the New York session close. The Westpac leading … Continue reading

Posted in AUD/USD | Leave a comment

Strong metal prices boost the AUD

For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD to close at 1.0028. In the Asian session at 4:00GMT, the pair is trading at 1.0051, 0.23% higher from the New York session close. LME Copper prices … Continue reading

Posted in AUD/USD | Leave a comment

Up amid strong economic data

For the 24 hours to 23:00 GMT on Friday, AUD strengthened 0.18% against the USD to close at 1.0022. The home loans in Australia grew by 2.1% in December 2010, following a 2.5% rise in the previous month. In the … Continue reading

Posted in AUD/USD | Leave a comment

Continues with its declining trend

For the 24 hours to 23:00 GMT, AUD weakened 1.05% against the USD to close at 1.0004. The Australian dollar was under pressure against the greenback after Reserve Bank of Australia Governor, Glenn Stevens stated that the central bank was … Continue reading

Posted in AUD/USD | Leave a comment

Declines, despite steady unemployment

For the 24 hours to 23:00 GMT, AUD weakened 0.38% against the USD to close at 1.0110. In the Asian session at 4:00GMT, the pair is trading at 1.0087, 0.23% lower from the New York session close. In the morning … Continue reading

Posted in AUD/USD | Leave a comment