AUD/USD: Australia’s construction sector contracted at the fastest pace in 20 months in October

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined slightly against the USD and closed at 0.7676 on Friday. Macroeconomic data indicated that, Australia’s AIG performance of construction index deteriorated to a level of 45.9 in October, … Continue reading

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AUD/USD: RBA upbeat on economy: Meeting minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.33% against the USD and closed at 0.7680. LME Copper prices rose 0.96% or $47.0/MT to $4918/MT. Aluminium prices rose 0.99% or $17.0/MT to $1726.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s trade deficit narrowed to a nearly two-year low level in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose slightly against the USD and closed at 0.7655. Macroeconomic data indicated that, Australia’s AIG performance of services index advanced to a level of 50.5 in October, entering into … Continue reading

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AUD/USD: Australia’s building approvals plunged in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.41% against the USD and closed at 0.7651. LME Copper prices rose 0.73% or $35.0/MT to $4862.0/MT. Aluminium prices rose 0.52% or $9.0/MT to $1732.0/MT. In the Asian … Continue reading

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AUD/USD: RBA maintains interest rates steady at 1.5%

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.11% against the USD and closed at 0.7611. LME Copper prices rose 0.85% or $40.5/MT to $4827.5/MT. Aluminium prices rose 1.26% or $21.5/MT to $1723.0/MT. In the Asian … 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 rose 0.18% against the USD and closed at 0.7598 on Friday. LME Copper prices rose 0.27% or $13.0/MT to $4787.0/MT. Aluminium prices rose 1.19% or $20.0/MT to $1701.5/MT. In … Continue reading

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AUD/USD: Australia’s new home sales rose for second straight month in September

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.75% against the USD and closed at 0.7584. LME Copper prices rose 1.20% or $56.5/MT to $4774.0/MT. Aluminium prices rose 0.51% or $8.5/MT to $1681.5/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 rose 0.01% against the USD and closed at 0.7641. LME Copper prices declined 0.05% or $2.5/MT to $4717.5/MT. Aluminium prices rose 1.33% or $22.0/MT to $1673.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s CPI accelerated in third quarter

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.57% against the USD and closed at 0.764. LME Copper prices rose 2.15% or $99.5/MT to $4720.0/MT. Aluminium prices rose 1.51% or $24.5/MT to $1651.0/MT. In the Asian … 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 rose 0.05% against the USD and closed at 0.7597. On the economic front, in China, Australia’s largest trading partner, the CB leading economic index advanced by 1.1% MoM in … 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 declined 0.31% against the USD and closed at 0.7600 on Friday. LME Copper prices rose 0.08% or $3.5/MT to $4637.0/MT. Aluminium prices rose 0.28% or $4.5/MT to $1617.0/MT. In … Continue reading

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