The Australian Dollar traded in a fairly narrow range on Friday evening from 0.9143 to 0.9195 and has opened up this morning around 0.9185.

The Australian Dollar opens higher at 0.9180 as the greenback and Yen weakened on Friday night and markets move back into currencies linked to economic growth.

The AUD has opened unchanged from yesterday's levels as investors take a breather from recent rallies.

The Aussie dollar has traded in a half cent range for the majority of the last 24 hours bouncing between 0.9110 and 0.9160 opening this morning near the top at 0.9155.

The AUD has opened relatively unchanged this morning as investors wait for the local employment data, which is due out today.

Yesterday's announcement of a steep decline in housing finance caught the market by surprise somewhat triggering a drop in the Aussie dollar to an intraday low of 0.9130.

Strong consumer confidence boost the Oz dollar

The Australian Dollar rallied last night trading comfortably above USD0.9100 following yesterday's strong Australian economic data. Cross rates are very high, with the AUD/GBP rate trading at a 25 year high.

Positive Australian economic data keeps on rolling in with yesterdays better than expected NAB Business Confidence and the ANZ Job advertisements surveys adding some support to the Aussie dollar.

A very quiet night in the offshore equity markets has seen the AUD take lead from news out of Europe in regards to Greece's debt problem.

The Aussie dollar began the week on a positive note rising in Asia amidst optimism of a global economic recovery and speculation Greece will be supported financially by other European nations.

The Australian dollar opened slightly higher as fears over the Greek economy receded and US jobs data came in better than expected.

The Australian Dollar moved almost one cent higher on Friday night's offshore trade to hit a onemonth high of 0.9093 after the release of better than expected jobs numbers in the USA.

The Australian Dollar has managed to hang onto its recent gains and opens the new week at 0.9060.

The booming economy of Australia puts the dollar in good position to reach parity with USD

The AUD has opened slightly lower this morning

A much larger than forecast narrowing in Australia's trade deficit added some support to the Aussie dollar in local trade yesterday however resistance above 0.9050 saw it slide lower in afternoon exchange.

As risk worries have eased this week, the Australian dollar regained the 90 US cent mark, trading in a 2 cent range over the past few days.

As Australia's economy continues to recover, the Reserve Bank of Australia remains in tightening mode, and commodity prices strengthen, many market analysts are predicting that the Australian dollar will be the G10 currency of choice in 2010.