At 7.30am (AEST), the Australian dollar was buying US93.73c, down from US93.92c at the close of local trading yesterday. Over the past 24 hours the currency has moved within a tight band of US93.70c to US94.02c.
The Australian Dollar (AUD) to US Dollar (USD) exchange rate (AUD/USD) is currently trading down at 0.9385, after concerns over geo-political tensions have caused volatility for the Australian commodity currency.
After recovering from jitters about US interest rates as well as risk aversion associated with the downing of Malaysian Airlines flight MH17 and Israel's' invasion of Gaza last week the Aussie dollar appeared to be marking time ahead of important ...
The Australian dollar is hovering below 94 US cents as investors wait on a speech by Reserve Bank governor Glenn Stevens. At 1200 AEST on Tuesday, the local currency was trading at 93.76 US cents, down from 93.92 cents on Monday.
Australian exporters may need to wait until the Federal Reserve raises rates before there is any relief from a high Australian dollar, which has risen in 2014 on the back of surging demand for the country's triple-A-rated bonds. The WSJ's James Glynn ...
Fifteen minutes after the Australia data, HSBC China July Flash manufacturing PMI is due at 0945 local time (0145 GMT). A jump in the June reading to 50.7 from 49.4 in May indicated that the economy is finally turning around.
The Australian dollar rose in late trading on Thursday after easing lower throughout the day on mounting bets that the US will hike rates sooner than expected and that the next move in Australian rates will be down rather than up.