Australian dollar gains at noon. 47 min ago. Markets · Currency · Australian Dollar. Local currency recovers from falls on profit taking in early trade ahead of Bernanke speech.

Economists aren't convinced current weakness in the Australian dollar will continue, according to a survey of 15 banks by The Wall Street Journal on Monday.

There are predictions that the Australian dollar could fall as low as 90 US cents in the coming weeks and months. Not that long ago, the Australian dollar could do no wrong. However, its recent demise - down more than 8 per cent this year and more than ...

The Australian dollar has surged past 98 US cents as the American currency takes a breather from its rally ahead of an economically-busy week.

The Australian dollar was little changed on the release of the minutes of the Reserve Bank of Australia's May board meeting.

Predictions of a further drop in the Australian dollar have been welcomed by Hunter exporters who have struggled to remain competitive in global markets.

Australian dollar lifts on Wall St rally. 20 May, 7:38 AM. Markets · Currency · Australian Dollar. Local currency slightly higher after US stocks closed week at record highs.

The Australian dollar was back in favour overnight after the US government was warned it will be downgraded again unless it deals with its debts.

But increased disappointment over the pace of the global recovery, soft prices for many of the commodities Australia produces and the increasing popularity of the US dollar mean there is little reason for investors to buy the Aussie right now. Factor ...

The Australian dollar has paused for a breather after spending more than a week in freefall, but is expected to resume its downward spiral in the coming days.