The Australian dollar might fall further as export prices eased, the country's central bank said, as it repeated that it had room to cut interest rates again, according to minutes of its June 4 meeting, at which it held the bank rate steady.

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.

MARKETS SPECTATOR: Betting on a Bernanke boost. If, as expected, Ben Bernanke signals no end to quantitative easing this week the Australian dollar might add to its 3.1 per cent rise seen over the past seven days. Politics · Australian Election ...

The Australian dollar is firmer as traders position themselves ahead of the US Federal Reserve's quarterly meeting. At 1200 AEST, the currency was trading at 96.13 US cents, up from 95.94 cents on Friday.

MARKETS SPECTATOR: Betting on a Bernanke boost. If, as expected, Ben Bernanke signals no end to quantitative easing this week the Australian dollar might add to its 3.1 per cent rise seen over the past seven days. Politics · Australian Election ...

The Australian dollar, a risk appetite currency, usually moves higher if share markets rebound. But it started the local session in weaker territory, after the Dow Jones Industrial Average gained 0.73 per cent and the broad-based S&P 500 added 0.76 per ...

The dollar was buying 103.22 US cents at the beginning of May ahead of the Reserve Bank of Australia's decision to cut official interest rates to an historic low of 2.75 per cent.

The Australian dollar slipped after the minutes of the Reserve Bank of Australia showed the bank thinks the currency remains high despite its recent steep decline and sees scope for further depreciation.

The Australian dollar slid in overnight trade, as the United States dollar gained ahead of the US Federal Reserve's policy meeting later this week.

The Australian dollar is weaker as traders buy the greenback on the small chance the United States Federal Reserve will wind back its stimulus measures.