AUD/USD: Australia’s service sector turns to expansion in May

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.41% against the USD to close at 0.7222. LME Copper prices declined 0.02% or $1.0 /MT to $4600.0 /MT. Aluminium prices rose 0.97% or $15.0 /MT to $1559.0 … Continue reading

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AUD/USD: Australia’s trade deficit surprisingly narrowed in April

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.23% against the USD to close at 0.7252. LME Copper prices declined 2.11% or $99.0 /MT to $4601.0 /MT. Aluminium prices declined 0.26% or $4.0 /MT to $1544.0 … Continue reading

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AUD/USD: Australia’s economic growth accelerated in the first quarter

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.68% against the USD to close at 0.7235. LME Copper prices declined 0.54% or $25.5/MT to $4700.0/MT. Aluminium prices declined 0.26% or $4.0/MT to $1548.0/MT. In the Asian … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.15% against the USD to close at 0.7186. LME Copper prices rose 0.43% or $20.0/MT to $4725.5/MT. Aluminium prices declined 0.06% or $1.0/MT to $1552.0/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 strengthened 0.49% against the USD to close at 0.7223. LME Copper prices rose 1.50% or $69.5/MT to $4705.5/MT. Aluminium prices rose 0.91% or $14.0/MT to $1553.0/MT. In the Asian … Continue reading

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

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD strengthened 0.17% against the USD to close at 0.7188. LME Copper prices declined 0.02% or $1.0 /MT to $4636.0 /MT. Aluminium prices declined 0.90% or $14.0 /MT to $1539.0 … 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 0.66% against the USD to close at 0.7176. Yesterday, in China, Australia’s largest trading partner, data showed that the nation’s CB leading economic index advanced 0.1% in April, … 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 traded flat against the USD to close at 0.7224. In economic news, Australia’s CB leading index rose 0.1% in March, breaking a run of three consecutive monthly declines. It … 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 marginally weakened against the USD to close at 0.7223. LME Copper prices rose 0.75% or $34.5/MT to $4630.5/MT. Aluminium prices rose 1.50% or $23.0/MT to $1559.0/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 0.06% against the USD to close at 0.7226. LME Copper prices declined 0.10% or $4.5/MT to $4596.0/MT. Aluminium prices rose 0.42% or $6.5/MT to $1536.0/MT. In the Asian … Continue reading

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AUD/USD: Australia’s unemployment rate held steady at 5.7% in April, but most of the job added are part-timers

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 1.24% against the USD to close at 0.7230. LME Copper prices declined 0.72% or $33.5/MT to $4600.5/MT. Aluminium prices declined 0.16% or $2.5/MT to $1529.5/MT. In the Asian … Continue reading

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