Australian Dollar

Aust dollar aided by EU data

by AAP
Local currency manages to hold above US87c after mixed European data.

Aust dollar holds above US87c

by AAP
Local unit manages to stabilise above US87c mark as US dollar surge stalls.

Aust dollar hits nine-month low

by AAP
Local currency falls to lowest point since late January as US counterpart continues to strengthen.

Aust dollar at new seven-month low

by AAP
Local currency's retreat continues unabated, touches lowest level since February.

Why the RBA wants the dollar to keep cracking

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Among other things, a much weaker dollar will help free up the RBA's ability to bring monetary policy to bear on the housing market.

Aust dollar slumps below US88c

Local unit extends losses for last fortnight beyond 5%, hits new seven-month low.

High dollar could see unemployment hit 12%

Economist predicts doubling of unemployment rate if local currency fails to extend decline: report.

$A tipped to fall to US77c in 2015

by AAP
A survey of currency economists predicts the dollar will trade in a US20 range next year.

Aust dollar follows NZ currency lower

by AAP
Local unit slips further below US89c after NZ central bank said its own currency was overvalued.

Aust dollar holds below US89c

by AAP
Lack of major economic news sees local currency largely tread water overnight.

Aust dollar hits new seven-month low

Bounce on Chinese data quickly fades, local unit now has four-year low within sight.

Aust dollar falls below US89c

Local unit hits seven-month low as commodity price weakness weighs.

Aust dollar at new six-month low

by AAP
Local unit holds just above US89c as US dollar continues to meet heavy demand.

Aust dollar bounces, stays below US90c

by AAP
Local currency recovers some ground but unable to claim back above key US90c mark.

Aust dollar sinks below US90c on Fed

Local unit at six-month low as recent gains wiped out on exit talk from US central bank.

Aust dollar jumps back to US91c

Local unit climbs US1c overnight as Fed rate hike fears wane once more.

Qantas wants Aust dollar at US80c

Airline says negative impact on fuel costs will be outweighed by foreign rivals' behaviour.

Aust dollar rises on RBA minutes

by AAP
Local currency lifts on speculation RBA may lift interest rates if the housing market overheats.

RBA's Kent upbeat on business investment

Asst governor optimistic, but warns still-high Aust dollar may be holding business investment back.

Aust dollar rebounds above US90c

Local unit bounces higher as iron ore price jumps, US data disappoints.

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