The US$0.9850 milestone was the peak in the Australian dollar's rally in 2008 before the unit collapsed 40% after the demise of Lehman Brothers and a world-wide financial crisis.

THE two major political parties were not doing enough to push the Australian dollar down, Queensland Federal MP Bob Katter said on Friday.

Mr. Swan has cited the longstanding strength of the Australian dollar and falling commodity prices as factors that have eroded government tax revenues, contributing to a weakening of the budget's bottom line.

HIGH-PROFILE stockbroker Charlie Aitken has weighed into the debate around the Australian dollar, saying that a wave of hedge funds could be set to short the currency and the biggest winners would be industrial stocks, not resources.

What goes up must come down. This is finally holding true for the resilient Australian dollar that has begun to show weakness against the greenback given the latter's broad-based strength.

Summary: The Australian Dollar has fallen to 11-month lows despite record-highs in the S&P 500. Why has it fallen and�more importantly�why do we think it could fall further?

Australia's dollar declined toward an 11-month low after a private report showed business confidence slid amid bets that the Reserve Bank will cut interest rates further to curb the currency's strength.

Mr. Swan revealed a sharp deterioration in budget finances, saying revenues had slid steeply over the last year due to a high Australian dollar and falling export prices. He equated the decline in revenue in the last year to that witnessed during the ...

The Australian dollar has hit a fresh 11-month low as investors continue to pile onto its US counterpart. The currency fell to 98.28 US cents on Thursday afternoon, a level not seen since June 2012.

The Australian dollar made modest gains against the greenback to edge above parity in late trade, after a raft of Chinese data met expectations, showing signs of increasing activity.