FOREX

The Australian currency reached a four-month high on Thursday noon after gaining almost half a US cent on the release of better-than-expected employment figures.

The Australian dollar opened higher due to strong U.S. equities and successful bond auctions in Europe.

The Australian currency recuperated on Wednesday as it attracted steady demand below 91 US cents, helping it withstand losses in Asian stocks.

The Australian Dollar has opened slightly lower this morning and is trading just above USD 0.9100.

Investors kept a safe distance from risk assets prompting the dollar to open lower than Tuesday's close of 91.42 US cents.

The Australian currency eased from one-month highs on Tuesday following the decision by two Independent MPs to back Labor to form a minority government.

The Australian dollar was still lower on Tuesday noon even after regaining from a dip in morning trade caused by a report which claimed Europe's major banks had not been adequately stress-tested.

The Australian dollar opened higher than yesterday's close of 91.69 US cents.

The Australian currency closed stronger on Monday after a rally on the local bourse augmented last week's gains.

The Australian currency was stronger at Monday noon, trading in a very tight range following a rally on US jobs data during the offshore session.

The local currency opened more than US 0.5 cents higher than Friday's close of $US0.9080/84. The Aussie buck began trading at $US0.9153/59.

The Australian currency on Friday finished flat in contrast to volatile trading earlier in the week as investors turned cautious before a US jobs report that could make or break the latest tentative improvement in risk appetite.

The Australian currency was stronger by Friday noon on reports China could diversify its foreign exchange reserves into commodity currencies.

The Australian dollar opens high on Friday at $US0.9108/12. The trading value is up from Thursday's close of $US0.9072/75.

The Australian currency finished stronger after it held on to most of its overnight gains, despite a lower than expected trade surplus jolting investor appetite for the unit.

The Australian currency was higher at Thursday noon, retaining most of its overnight strength after manufacturing data led to a more positive outlook on the US economy.

Strong economic data from the top two economies of the world and the country became the jumping board for the Australian dollar to open one US cent higher.

The Australian currency closed more than one US cent stronger on Wednesday following the release of better than expected official local economic figures and strong China data.

The Australian currency was about three-quarters of a US cent higher on Wednesday noon after the release of stronger than expected local gross domestic product (GDP) data.

The Australian currency finished lower as economic jitters gripped world markets and overshadowed the effects of promising local data.

The Australian currency was lower at Tuesday noon, even with a strong set of local economic data released today.

The US Commerce Department report of a meager 0.4 percent rise in consumer spending set the Australian dollar to start off at lower value.

The Australian currency was higher at Monday noon following reassurances by the Federal Reserve chief about the American economy.

The Australian Dollar has opened weaker this morning following a fall in equity markets across the board and lower investor risk appetite.

This morning the AUD is fairly unchanged from the levels traded yesterday, currently trading around USD0.8900.

The Australian currency is moderately higher at midday, recuperating in morning trade after dropping one US cent as uncertainty remains over the federal poll outcome.

The Australian currency opened weaker on Monday as uncertainty remains over the outcome of the weekend's federal poll.

The Australian currency was nearly one US cent lower by noon as poor US data forced investors to seek safe-haven assets.

The Australian currency started weaker on Friday after "awful" US reports saw investors worry a double-dip recession is impending.