The Australian dollar remained lower following a three-day loss against the greenback before the Federal Reserve concludes a policy meeting today.

Australia is no longer an emerging market. Its economy has developed enough for its currency to be put on a par with the US dollar, the yen, the pound, the Swiss franc and the euro. But Australia may not actually like that. The IMF data, suggesting ...

The Australian dollar is weaker as traders continue to sell in the absence of any good news on the local economy. At 1200 AEST, the Australian dollar was trading at 94.69 US cents, down from 94.92 cents on Tuesday. Easy Forex currency dealer Tony ...

THE dollar's coming of age as a global reserve currency has resulted in a $200 billion buying spree by central banks and sovereign wealth funds since the global financial crisis, adding an estimated US6c-US8c to the dollar's value, according to new ...

The Australian dollar lost a quarter of a cent following the release of the minutes, falling to about 95.17 US cents just after 11.30am.

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.

At 0400 AEST Wednesday morning, the local currency was trading at 94.98 US cents, up slightly from 94.92 US cents at 1700 AEST Tuesday.

"Any such indication could well mean that the US dollar softens further, this time providing support for the likes of the Australian dollar and for where there are some compelling technical reasons to believe it is susceptible to a fresh squeeze higher ...

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.

The sharp fall in the Australian dollar has gained plenty of attention lately. At the time of writing the Aussie had lost around 15 per cent against major currencies such as the Japanese Yen, Euro, Great British Pound and of course the US dollar in the ...