For the first time, the International Monetary Fund is expected to confirm next week what many have known for several years: the Aussie is now a reserve currency. Australia is no longer an emerging market. Its economy has developed enough for its ...

The Australian dollar is weaker as speculation of a scaling down in US stimulus measures boosts the greenback. At 0700 AEST, the local unit was trading at 94.86 US cents, down from 94.92 cents on Tuesday.

It will not only have to lure viewers, but the networks themselves. Menu. Australian dollar slides below US95c in late trade.

The Australian dollar was lower Tuesday after the central bank left the door open for more interest rate cuts and forecast the currency might fall further as commodity prices slide.

Having been the punching bag of global currency investors for the last 6 weeks, the Australian dollar is back on its feet. The Australian dollar has rallied back hard to US$0.9635 Monday, up 3.2% from a 33-month low of US$0.9333 Thursday and retracing ...

The Australian dollar, a risk appetite currency, usually moves higher if share markets rebound. But it started the local session in weaker territory, after the Dow Jones Industrial Average gained 0.73 per cent and the broad-based S&P 500 added 0.76 per ...

The Australian dollar slipped after the minutes of the Reserve Bank of Australia showed the bank thinks the currency remains high despite its recent steep decline and sees scope for further depreciation.

Local currency drops after bank details why it cut cash rate to record low of 2.75% in May. You must be logged in to read this article.

MARKETS SPECTATOR: Betting on a Bernanke boost. If, as expected, Ben Bernanke signals no end to quantitative easing this week the Australian dollar might add to its 3.1 per cent rise seen over the past seven days.

The Australian dollar is firmer as traders position themselves ahead of the US Federal Reserve's quarterly meeting. At 1200 AEST, the currency was trading at 96.13 US cents, up from 95.94 cents on Friday.