The Australian dollar is overdue for a correction and is likely to settle around US90� this year as a continuing recovery in the world's biggest economy pushes the US dollar higher, currency experts say.

It will not only have to lure viewers, but the networks themselves. Menu. Australian dollar lifts on Wall St rally. 6 hours ago.

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.

The Australian and New Zealand dollars gained for the first time in three days against the greenback as technical indicators signaled the South Pacific currencies may be oversold.

Bell FX Currency Outlook The Australian Dollar's recent fall has stabilised with the local currency opening trade this morning in the mid 0.9700's.

Currency analysts say renewed confidence in the US economic recovery is combining with increasing worries about Australia's economic outlook to push the local currency down against the greenback.

The Australian currency has been falling sharply and selling Aussie dollars for the appreciating Mexican peso is becoming an increasingly popular trade, said one analyst.

The Australian dollar has fallen to its lowest level in almost a year, with no signs the sell-off will be over any time soon.

The Australian dollar has fallen to a new 11-month low, after US stocks lost ground on the back of another batch of weak economic data.

SYDNEY�There could be a wave of selling in the Australian dollar if the currency breaks an important support level, traders warned on Thursday.