The Australian dollar has briefly shot up to a four-week high after the US central bank's decision to keep its interest rate unchanged, before falling away.
US stocks have risen strongly for the second straight session ahead of the Federal Reserve's decision on whether to raise interest rates for the first time in nine years.
The Australian share market has closed higher as it continues to swing wildly ahead of a decision from the US Federal Reserve on whether or not to raise interest rates.
The Australian share market has got off to a positive start after strong leads from Wall Street, but traders remain wary ahead of a Federal Reserve rate decision later this week.
Wall Street stocks have finished with decisive gains on modestly higher US retail sales ahead of the Federal Reserve's interest rate decision later this week.
The Reserve Bank of Australia appears content to keep its interest rate at a record low for the time being as Australia's non-mining industries begin to show signs of improvement.
The Australian share market has opened slightly lower, the morning after Malcolm Turnbull ousted Prime Minister Tony Abbott to become federal Liberal leader.
The Australian dollar has hit a two-week high, getting a boost after Malcolm Turnbull became the new leader of the Liberal party and prime minister designate.
US stocks have finished lower as traders looked ahead to a Federal Reserve meeting later this week that could result in the first interest rate hike in over nine years.
The Australian share market has opened lower as investors shaken by recent volatility sit on the sidelines ahead of the US central bank's interest rate decision.
US stocks have finished sharply lower as a morning rally fizzled and Apple shares dropped after unveiling a suite of upgraded smartphone, tablet and television products.
