The Australian dollar dropped to a one-year low after the head of the United States Federal Reserve said he would consider winding down its economic stimulus program in the coming months.

It's been a volatile morning for the Australian dollar as the chairman of the US Federal Reserve was grilled about the future of economic stimulus to the American economy.

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.

Bell FX Currency Outlook: The Australian Dollar dropped to a one-year low following some positive comments on the US economy by the head of the Federal Reserve.

Recent speculation that the Federal Reserve was considering winding back its economic stimulus plan has helped the US dollar rally against all the major currencies, including the Australian dollar. In testimony to Congress last night, Australian time ...

Predictions of a further drop in the Australian dollar have been welcomed by Hunter exporters who have struggled to remain competitive in global markets.

Australian dollar lifts on Wall St rally. 20 May, 7:38 AM. Markets · Currency · Australian Dollar. Local currency slightly higher after US stocks closed week at record highs.

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.

The Australian dollar climbed Tuesday in Asia as the U.S. dollar slid ahead of a highly-anticipated speech Wednesday by U.S.

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.