AUD/USD: RBA holds interest rate steady at 1.75%

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.47% against the USD to close at 0.7531. LME Copper prices rose 2.85% or $136.5/MT to $4920.0/MT. Aluminium prices rose 0.49% or $8.0/MT to $1653.0/MT. In the Asian … Continue reading

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AUD/USD: Australian building approvals plummeted in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.62% against the USD to close at 0.7492. LME Copper prices declined 0.90% or $43.5 /MT to $4783.5 /MT. Aluminium prices rose 0.61% or $10.0 /MT to $1645.0 … Continue reading

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AUD/USD: Australia’s AiG performance of manufacturing index rose again in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD traded flat against the USD to close at 0.7446. LME Copper prices rose 0.98% or $47.0/MT to $4827.0/MT. Aluminium prices rose 1.30% or $21.0/MT to $1635.0/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading on a stronger footing in the morning session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.72% against the USD to close at 0.7446. LME Copper prices rose 0.05% or $2.5/MT to $4780.0/MT. Aluminium prices rose 0.72% or $11.5/MT to $1614.0/MT. In the Asian … Continue reading

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AUD/USD: Australian new homes sales tumbled again in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.72% against the USD to close at 0.7393. LME Copper prices advanced 1.82% or $85.5/MT to $4777.5/MT. Aluminium prices rose 0.66% or $10.5/MT to $1602.5/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 weakened 1.20% against the USD to close at 0.7340. LME Copper prices rose 0.62% or $29.0/MT to $4692.0/MT. Aluminium prices declined 0.53% or $8.5/MT to $1592.0/MT. In the Asian … Continue reading

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AUD/USD: Aussie trading lower this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.61% against the USD to close at 0.7462. After UK’s decision to leave the European Union was officially announced, the Australian Prime minister, Malcolm Turnbull, assuaged concerns by … Continue reading

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AUD/USD: Aussie trading on a weaker footing in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.86% against the USD to close at 0.7584. LME Copper prices rose 1.27% or $59.5/MT to $4747.0 /MT. Aluminium prices rose 0.25% or $4.0/MT to $1628.0 /MT. In … Continue reading

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AUD/USD: Aussie trading flat this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.91% against the USD to close at 0.7519. Yesterday, in China, Australia’s largest trading partner, the CB leading economic index rose 0.2% in May, following a revised decline … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally weakened against the USD to close at 0.7451. LME Copper prices rose 0.04% or $2.0/MT to $4587.0/MT. Aluminium prices rose 1.00% or $16.0/MT to $1623.5/MT. In the Asian … Continue reading

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AUD/USD: RBA warns on appreciation of AUD in June meeting minutes

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.39% against the USD to close at 0.7452. LME Copper prices rose 1.40% or $63.5/MT to $4585.0/MT. Aluminium prices rose 0.31% or $5.0/MT to $1607.5/MT. In the Asian … Continue reading

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