The Myer boss said a lower Australian dollar would deter consumers from buying on foreign websites and travelling overseas, while also attracting more tourists to our shores.

At 1700 AEST on Wednesday, the currency was trading at 97.82 US cents, down from 98.17 cents on Tuesday. The Australian dollar fell following the release of the Westpac/Melbourne Institute May consumer sentiment survey, which showed pessimists ...

Australia's dollar has received its fair share of whacking lately and perhaps it's time to give the currency a bit of a break, currency strategists say.

The Australian dollar is slightly lower, as traders speculate over the likelihood the United States central bank will wind down its economic stimulus program.

Strong bull markets in stocks have historically coincided with Australian Dollar strength, and indeed the 2009 lows in the S&P occurred almost exactly as the AUDUSD established a lasting bottom.

Australian dollar gains at noon. 21 May, 1:15 PM. Markets · Currency · Australian Dollar. Local currency recovers from falls on profit taking in early trade ahead of Bernanke speech.

THE Australian dollar lost ground after commodity prices fell in overnight trade and as traders await tonight's testimony to Congress by US Federal Reserve Chairman Ben Bernanke.

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.

Bell FX Currency Outlook: The Australian Dollar is unchanged from yesterday's levels, trading at USD 0.9800, as currency markets debate the likelihood and even timing of the US Federal Reserve's winding down of its economic stimulus program.

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