I believe that the market will ultimately go looking towards the 0.81 level again, but it may take several months to get there. Pay attention to the gold markets, because they often will influence the Australian dollar, and where it's going longer term ... more...

The Pound-to-Australian-Dollar rate was 0.60% higher at 1.7998. The currency had enjoyed a boost earlier in the week when Chinese industrial production, fixed asset investment and retail sales figures emerged stronger than expected for the month of ... more...

Higher inflation in China could translate into tighter lending conditions, slowing economic growth. This could in turn have negative consequences for Australia's economy due to China being their largest trading partner. more...

Turning to the session ahead, it will be a busy one for Aussie dollar traders with a raft of domestic data released during the session. more...

The Australian dollar is under pressure in Asia, falling to the lowest level since December 27 in recent trade. AUD/USD 4-Hour Chart. more...