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 ...

It will not only have to lure viewers, but the networks themselves. Menu. Australian dollar lifts on Wall St rally. 9 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 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.

The drop in the Australian dollar is expected to push petrol prices up by as much as 5 cents a litre in the next two weeks.

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 dollar's fall below parity against the US currency will be welcome relief for expatriates thinking of buying back home.

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.

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.

To give you a sense of how significant such a move could be, the Aussie traded at 1.05 against the dollar in mid-April. So a drop to $0.80 would be a 23.8 percent decline.