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Australian Dollar news

  
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Companies wasted the strong Australian dollar
The Australian dollar averaged US75.4� in 2006. It has averaged US77.6� so far this year, and is currently around US73�.
Australian Dollar Looks to RBA, US Jobs Data to Drive Volatility
The Australian Dollar spent last week treading water near the 0.73 figure against its US counterpart as prices waited for new direction cues after dropping to a six-year low.
Australia dollar set for steep monthly loss, kiwi skids  Financial Express
$A lower ahead of another busy week  Yahoo7 News
Australian dollar becalmed ahead of data
However, he added that the odds were strongly skewed in favour of another cut, “if not Tuesday then in the months ahead, thanks to the bleak outlook for investment, continued sub-par economic growth, the Aussie dollar still being too high”. The RBA has ...
Australian dollar steady as commodities bounce offsets weak data  The Australian Financial Review
The low Australian dollar and companies with overseas profits worth investing in
Investors naturally gravitate to companies that earn a large chunk of profits overseas when the Australian dollar slides. The "offshore earners" - as they are referred to by Goldman Sachs - have generally been a winner so far for those who piled in ...
Australian dollar explainer: why is it falling?
Investor flight to safety and sinking commodity prices have driven the Australian dollar to new six-year lows this week, as the Aussie slipped below US74� for the first time since May 2009 in overnight international trade on Tuesday.
Australian dollar touches new six-year low beneath 74 US cents  ABC Online
Australian dollar could dip below US70�, Westpac's Robert Rennie says
The Australian dollar is trading at close to fair value at the moment, but could dip a few cents further to US70�, according to analysis from Westpac.
WESTPAC: What will it take for the Aussie dollar to fall below 70 cents  Business Insider Australia
Australian Dollar's Slide Finds Favor at Central Bank
SYDNEY—The Australian dollar's fall to near its post-float average is beginning to lift the country's economy, according to John Edwards, a member of the Reserve Bank of Australia's rate-setting board.
Finally, the RBA can drive the Australian dollar down  Business Spectator
Can the falling Aussie dollar really be good news?  CommBank MyWealth
Australian dollar falls below S$1 for the first time since 2009
SINGAPORE: The Australian dollar dipped below the S$1.00 level on Monday morning (Jul 27), falling below parity against its Singapore counterpart for the first time since 2009.
Australian dollar falls below Singapore dollar for the first time since 2009  The Straits Times
Consumers urged to buy now as Aussie dollar tumbles  9news.com.au
Australian dollar hits fresh six-year low as Chinese factories continue to falter
Sliding commodity prices are also putting pressure on the Aussie dollar. The price of gold skidded 1.4% to $1,079 an ounce, its lowest level since 2010.
Australian dollar falls below US73� on China data shock  Sydney Morning Herald
Australian dollar hits six-year low on Chinese manufacturing data  NEWS.com.au
dollar always prone to overshoot, in either direction
There's a very good reason the Australian dollar is the currency traders love to trade - it moves around so much it gives them all a decent chance to make some money.
More falls to come for the dollar  The Australian