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Australian Dollar

Expectations of a US rate rise this month are fading.
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Aussie dollar a touch higher

THE Australian dollar is a touch higher against its US counterpart. At 0635 AEST on Wednesday, the Australian dollar was worth 75.32 US cents.

Australian one dollar coin over blurred golden background.
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Dollar unchanged against US

THE Australian dollar is steady against its US counterpart despite volatility. On Monday, the Australian dollar was worth 74.73 US cents.

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MONEYSAVERHQ .. Australian One Dollar Coins over Black

Australian dollar soars

THE Australian dollar has shot up above 95 US cents after the Reserve Bank of Australia gave a more neutral statement than the market expected.

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File-This Feb. 18, 2007, file photo shows an unsold 2006 Grand Prix sedan sitting outside a General Motors dealership in Boulder, Colo. General Motors’ safety crisis worsened on Monday, June 30, 2014, when the automaker added 8.2 million vehicles to its huge list of cars recalled over faulty ignition switches. The latest recalls cover seven vehicles, including the Chevrolet Malibu from 1997 to 2005 and the Pontiac Grand Prix from 2004 to 2008. The recalls also cover a newer model, the 2003-2014 Cadillac CTS. GM said the recalls are for “unintended ignition key rotation.” (AP Photo/David Zalubowski, File)

Business news you need to know

IT’S getting worse for General Motors, which has recalled a further 8.4 million vehicles. Meanwhile, housing prices in China has fallen for a second month.

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COST OF RUNNING A CAR .. Australian currency / note / cash

Australian dollar higher

THE Australian dollar is higher against the weakened greenback following more disappointing economic data out of the US.

Original URL: https://www.couriermail.com.au/business/markets/australian-dollar/page/161