The Australian dollar is half a US cent lower, following sharp falls in commidity prices.At 0700 AEST, the local unit was trading at 104.76 US cents, down from 105.24 cents yesterday.
US stocks have closed lower in the aftermath of the Federal Reserve's new QE3 stimulus rally amid concerns about weakness in US manufacturing and anti-American unrest in the Middle East.
The Australian share market has closed at its highest level since May, as investors were encouraged by separate moves to stimulate the US economy and keep the bailout of the debt-ridden euro zone o
Australian stocks have opened marginally firmer, with strong gains among resources-related companies offset by weakness in defensive market sectors such as healthcare and utilities.
The Australian dollar has surged to its highest level in a month after the US Federal Reserve announced a renewed program to give the flagging American economy a boost.
Australian shares finished at a four-and-a-half-month high, after the announcement of fresh US Federal Reserve economic stimulus measures buoyed investor confidence.
ANZ Bank says its variable interest rates for Australian retail mortgages and small business lending will remain unchanged after its September interest rate review.
Australian stocks have opened more than one per cent higher after the US Federal Reserve's announced stimulus measures led to shares soaring on Wall Street.
The Australian dollar has surged to its highest level in a month after the US Federal Reserve announced fresh measures to stimulate the country's sluggish economy.
US stocks have soared after the Federal Reserve announced a new "QE3" bond-buying program focused on boosting jobs and pulling the housing market back to life.
US stocks have followed European markets higher after a German court gave its approval to the eurozone's permanent crisis fund, opening the door to more aid to embattled Spain.
The Australian dollar has soared to its highest level in three weeks amid optimism the US Federal Reserve will introduce a fresh round of economic stimulus.
Australian shares have opened slightly higher as investors remain cautious ahead of a US Federal Reserve meeting and a German court decision on the eurozone debt rescue fund.
US stocks have mostly risen, lifted by upbeat economic data and hopes that a Federal Reserve meeting will deliver economic stimulus and a key German court decision will ease eurozone turmoil.
Australian stocks closed slightly weaker ahead of a key German court decision about the euro zone funding package, with declines among the utilities and financial sectors leading the broader market
Australia's economy is strong enough for the Reserve Bank to hold off on another rate cut in 2012, despite concerns about weaker commodity prices and the mining boom, a report says.
US stocks have fallen as investors digested an unexpected decline in consumer credit, another weak signal on consumer spending, and Apple plummeted ahead of its expected iPhone 5 launch.
