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AUD/USD: RBA downgrades near-term economic growth forecast
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.22% against the USD and closed at 0.7622. Yesterday, the Reserve Bank of Australia (RBA) Governor, Philip Lowe, remained upbeat on the nation’s economy and stated that he … Continue reading
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AUD/USD: Australia’s HIA new home sales rose for a second consecutive month in December
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.22% against the USD and closed at 0.7639. LME Copper prices rose 1.1% or $63.0/MT to $5865.0/MT. Aluminium prices rose 0.7% or $12.0/MT to $1821.0/MT. In the Asian … Continue reading
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AUD/USD: Aussie trading higher in the Asian session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.43% against the USD and closed at 0.7622. LME Copper prices rose 0.3% or $16.0/MT to $5802.0/MT. Aluminium prices declined 0.2% or $3.0/MT to $1809.0/MT. In the Asian … Continue reading
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AUD/USD: RBA leaves key interest rate on hold
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.1% against the USD and closed at 0.7655. LME Copper prices declined 0.9% or $50.0/MT to $5786.0/MT. Aluminium prices rose 0.2% or $3.5/MT to $1812.0/MT. In the Asian … Continue reading
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AUD/USD: Australia’s retail sales surprisingly dropped in December
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.27% against the USD and closed at 0.7676 on Friday. LME Copper prices declined 1.1% or $67.0/MT to $5836.0/MT. Aluminium prices declined 0.3% or $4.5/MT to $1808.5/MT. In … Continue reading
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AUD/USD: Australia’s services sector slowed in January
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 1.02% against the USD and closed at 0.7655. LME Copper prices declined 0.5% or $28.0/MT to $5903.0/MT. Aluminium prices declined 0.3% or $5.0/MT to $1813.0/MT. On the economic … Continue reading
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AUD/USD: Australia’s trade surplus expands in December
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally weakened against the USD to close at 0.7578. LME Copper prices rose 0.17% or $10.0 /MT to $5931.0 /MT. Aluminium prices declined 0.14% or $2.5 /MT to $1818.0 … Continue reading
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AUD/USD: Australia’s manufacturing activity slowed in January
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.28% against the USD and closed at 0.7579. In economic news, Australia’s AiG performance of manufacturing index eased to a level of 51.2 in January, compared to a … Continue reading
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AUD/USD: Australia’s NAB business confidence edged up in December
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.09% against the USD and closed at 0.7558. LME Copper prices rose 0.2% or $10.0/MT to $5857.0/MT. Aluminium prices declined 1.1% or $20.5/MT to $1807.0/MT. In the Asian … Continue reading
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AUD/USD: Aussie trading a tad lower in the morning session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.35% against the USD and closed at 0.7551 on Friday. LME Copper prices declined 0.7% or $43.0/MT to $5847.0/MT. Aluminium prices declined 0.5% or $10.0/MT to $1827.5/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 0.59% against the USD and closed at 0.7525. LME Copper prices rose 0.4% or $23.0/MT to $5890.0/MT. Aluminium prices declined 0.6% or $11.5/MT to $1837.5/MT. In the Asian … Continue reading
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