AUD/USD: RBA keeps interest rate on hold

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.67% against the USD and closed at 0.7526. Over the weekend, data revealed that Australia’s AIG performance of manufacturing index advanced to a level of 59.2 in April, … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: RBA keeps interest rate on hold

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.67% against the USD and closed at 0.7526. Over the weekend, data revealed that Australia’s AIG performance of manufacturing index advanced to a level of 59.2 in April, … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: Australia’s private sector credit grew less-than-expected in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.11% against the USD and closed at 0.7466. LME Copper prices rose 0.2% or $9.0/MT to $5686.5/MT. Aluminium prices declined 0.2% or $3.0/MT to $1954.5/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.85% against the USD and closed at 0.7474. LME Copper prices rose 0.4% or $25.0/MT to $5677.5/MT. Aluminium prices rose 0.8% or $14.5/MT to $1957.5/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: Australia’s annual inflation surged to its highest level since 2014 in 1Q 2017

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.38% against the USD and closed at 0.7538. LME Copper prices rose 0.7% or $40.5/MT to $5652.5/MT. Aluminium prices rose 0.8% or $15.0/MT to $1943.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: Aussie trading lower in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.19% against the USD and closed at 0.7567. On the economic front, in China, Australia’s largest trading partner, the leading economic index rose 0.9% on a monthly basis … Continue reading

Posted in AUD/USD | Comments Off

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.13% against the USD and closed at 0.7535 on Friday. LME Copper prices declined 0.2% or $10.5/MT to $5601.0/MT. Aluminium prices declined 0.03% or $0.5/MT to $1932.5/MT. In … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: Aussie trading flat in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.35% against the USD and closed at 0.7525. LME Copper prices rose 0.2% or $11.0/MT to $5611.0/MT. Aluminium prices rose 2.0% or $37.5/MT to $1933.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: Australia’s NAB business confidence remained steady in the first quarter of 2017

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.71% against the USD and closed at 0.7499. LME Copper prices declined 0.4% or $20.0/MT to $5600.5/MT. Aluminium prices declined 1.0% or $20.0/MT to $1895.5/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: Australia’s Westpac leading index rebounded in March

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.44% against the USD and closed at 0.7553. LME Copper prices declined 0.6% or $34.5/MT to $5620.5/MT. Aluminium prices rose 1.4% or $25.5/MT to $1915.5/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

AUD/USD: Labour market somewhat weaker than expected: RBA minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.08% against the USD and closed at 0.7586. Yesterday, in China, Australia’s largest trading partner, gross domestic product (GDP) surprisingly expanded 6.9% on an annual basis in 1Q … Continue reading

Posted in AUD/USD | Comments Off