AUD/USD: RBA’s Governor Lowe expects stronger growth in Australia in coming years

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.5% against the USD and closed at 0.7624 on Friday. LME Copper prices rose 0.3% or $18.5/MT to $5655.5/MT. Aluminium prices declined 0.2% or $3.0/MT to $1861.0/MT. In … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.08% against the USD and closed at 0.7586. LME Copper prices declined 0.8% or $47.5/MT to $5637.0/MT. Aluminium prices declined 1.2% or $22.5/MT to $1864.0/MT. In the Asian … Continue reading

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AUD/USD: Australian unemployment rate hits lowest level since 2013 in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.74% against the USD and closed at 0.7592. LME Copper prices rose 0.5% or $25.5/MT to $5684.5/MT. Aluminium prices rose 0.5% or $9.5/MT to $1886.5/MT. In the Asian … Continue reading

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AUD/USD: Australia’s Westpac consumer confidence eased for a third straight month in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.11% against the USD and closed at 0.7536. LME Copper prices declined 1.6% or $93.0/MT to $5659.0/MT. Aluminium prices declined 0.6% or $11.0/MT to $1877.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s NAB business confidence deteriorated in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.19% against the USD and closed at 0.7544. LME Copper prices rose 0.2% or $13.0/MT to $5752.0/MT. Aluminium prices declined 0.7% or $13.5/MT to $1888.0/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading a tad lower in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.07% against the USD and closed at 0.7529 on Friday. LME Copper prices rose 1.6% or $91.5/MT to $5739.0/MT. Aluminium prices declined 0.05% or $1.0/MT to $1901.5/MT. In … Continue reading

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AUD/USD: Aussie Dollar trading a tad higher this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.16% against the USD and closed at 0.7534. LME Copper prices rose 1.3% or $72.0/MT to $5647.5/MT. Aluminium prices declined 0.05% or $1.0/MT to $1902.5/MT. In the Asian … Continue reading

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AUD/USD: Australia’s trade surplus shrunk to a 6-month low level in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.43% against the USD and closed at 0.7546. LME Copper prices rose 0.6% or $35.0/MT to $5575.5/MT. Aluminium prices rose 0.6% or $10.5/MT to $1903.5/MT. In the Asian … Continue reading

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AUD/USD: Australia’s economy expanded faster-than-expected in the first quarter of 2017

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.36% against the USD and closed at 0.7514. LME Copper prices declined 0.8% or $46.0/MT to $5540.5/MT. Aluminium prices declined 1.3% or $24.5/MT to $1893.0/MT. In the Asian … Continue reading

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AUD/USD: RBA kept interest rate on hold at its latest monetary policy meeting

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.52% against the USD and closed at 0.7487. LME Copper prices rose 0.49% or $27.0/MT to $5586.5/MT. Aluminium prices rose 0.05% or $1.0/MT to $1917.5/MT. Overnight macro data … Continue reading

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AUD/USD: Australia’s services sector growth slowed in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.81% against the USD and closed at 0.7441 on Friday. LME Copper prices declined 1.37% or $77.0/MT to $5559.5/MT. Aluminium prices declined 0.70% or $13.5/MT to $1916.5/MT. In … Continue reading

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