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The Australian dollar opened lower after China unexpectedly raised the proportion of deposits that banks must set aside as reserves, leading to falls in gold and commodity prices.
The Australian dollar has opened higher on Wednesday following firmer equities in Europe
The Australian dollar opened almost a cent higher after an upbeat assessment of the local economy from the Reserve Bank, and overnight weakening in the US dollar.
Engineering firm WorleyParsons Ltd says a strong Australian dollar is hurting its foreign currency earnings and has led to a performance below expectations in the first quarter of 2009/10.
The Australian dollar opened weaker on Wednesday after investors pulled away from the risk sensitive unit following a series of poor economic leads from the US.
The Australian dollar has closed above $US0.9200 for the first time in more than a year
The Australian dollar posted a new 14-month high during the offshore session amid across-the-board US dollar weakness
The Australian dollar was higher at noon after breaking 90 US cents for the first time in 14 months, as a fall in the unemployment rate raised the prospects of more rate rises by the central bank.
The Australian dollar opened firmer on Wednesday after hitting a near 14-month high as the first rate rise by the central bank in 19 months lifted the currency.
The Australian dollar opened weaker on Friday, after risk sentiment was beaten into a corner by poor economic leads from the US.
The Australian dollar reached a fresh 13 month high during offshore trade, its highest point since before the global financial crisis.
The Australian dollar closed higher on Wednesday, boosted by positive investor sentiment following signs New Zealand had clawed its way back from recession.
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