AUD/USD: Australia’s Westpac leading index fell in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 5.32% against the USD and closed at 0.6537. LME Copper prices rose 1.2% or $64.5/MT to $5,314.0/MT. Aluminium prices climbed 1.6% or $22.5/MT to $1,464.0/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 5.52% against the USD and closed at 0.6523. LME Copper prices rose 1.6% or $84.5/MT to $5,249.5/MT. Aluminium prices rose 0.6% or $9.0/MT to $1,441.5/MT. In the Asian … Continue reading

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AUD/USD: Aussie reverses its losses in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 7.07% against the USD and closed at 0.6416 on Friday. LME Copper prices rose 0.2% or $9.5/MT to $5,165.0/MT. Aluminium prices declined 0.1% or $1.0/MT to $1,432.5/MT. In … Continue reading

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AUD/USD: Aussie trading on a weaker footing this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 6.42% against the USD and closed at 0.6461, after data showed that Australia registered sharp job losses in April. LME Copper prices declined 1.1% or $57.0/MT to $5,155.5/MT. … Continue reading

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AUD/USD: Australia’s unemployment rate jumps to a 5-year high in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 6.55% against the USD and closed at 0.6452. LME Copper prices declined 0.4% or $21.5/MT to $5,212.5/MT. Aluminium prices fell 0.3% or $4.0/MT to $1,439.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s Westpac consumer confidence rebounded in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 6.23% against the USD and closed at 0.6474. LME Copper prices rose 0.1% or $3.0/MT to $5234.0/MT. Aluminium prices declined 0.8% or $11.5/MT to $1443.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s NAB’s business confidence weakened in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 6.07% against the USD and closed at 0.6485. LME Copper prices rose 0.1% or $3.5/MT to $5,231.0/MT. Aluminium prices climbed 0.3% or $4.5/MT to $1,454.5/MT. In the Asian … 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 declined 5.40% against the USD and closed at 0.6531 on Friday. The Reserve Bank of Australia (RBA), in its monetary policy statement, The Reserve Bank of Australia (RBA), in … Continue reading

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AUD/USD: Australia’s AiG performance of services index tumbled in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 7.49% against the USD and closed at 0.6387. LME Copper prices rose 1.7% or $88.0/MT to $5,199.5/MT. Aluminium prices climbed 0.3% or $4.5/MT to $1443.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s retail sales rose in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 6.78% against the USD and closed at 0.6436. The Reserve Bank of Australia (RBA), in its interest rate decision, kept its key interest rate on hold at 0.25%, … Continue reading

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AUD/USD: Australia’s AiG performance of construction index dropped in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 6.89% against the USD and closed at 0.6428. LME Copper prices declined 0.1% or $3.0/MT to $5,058.0/MT. Aluminium prices fell 0.2% or $3.0/MT to $1,437.0/MT. In the Asian … Continue reading

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