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Australian dollar lower

Australian dollar lower

THE Australian dollar is weaker against a strengthened greenback, despite disappointing economic data out of the US.

Dollar
A 1 Australian Dollar coin and a 1 US Dollar note are seen in Canberra, Tuesday, May 21, 2013. As the US economy rebounds, there are predictions that the Australian dollar could fall as low as 90 US cents in the coming weeks and months. (AAP Image/Lukas Coch) NO ARCHIVING

Australian dollar lower

THE Australian dollar has continued lower after Reserve Bank governor Glenn Stevens said he would not rule out intervention to bring the currency lower.

Dollar
An Australian one-dollar coin is arranged for a photograph in Sydney, Australia, on Wednesday, April 17, 2013. Direct trading between the Australian dollar and yuan started on April 10. Photographer: Ian Waldie/Bloomberg

Australian dollar hovering

THE Australian dollar is hovering above 93 US cents as investors await the release of the minutes of the Reserve Bank’s August board meeting.

Original URL: https://www.dailytelegraph.com.au/business/markets/australian-dollar/page/126