FOREX

The Australian currency was flat at Thursday noon as investors await news on the possible resumption of quantitative easing measures by the US Federal Reserve.

The AUD traded solidly throughout Asia yesterday consolidating stoically above 0.9550 for most of the day.

The Australian dollar opened low on Thursday after soaring high and hitting $US 95.8 yesterday.

The Australian currency hit a fresh 25-month high on Wednesday noon, following talks the Federal Reserve might reinvigorate stimulus measures to aid the ailing US economy.

The Australian currency is expected to continue its rally over the near term especially if the Reserve Bank of Australia decides to raise the interest rates.

After 25 long months, the Australian dollar opened above $US 95 cents.

The Australian currency is almost unchanged on Tuesday's local close after minutes of the Reserve Bank of Australia's September board meeting shortened odds of an October interest rate rise.

The Australian currency was slightly firmer at Tuesday noon after the central bank gave another strong indication of an increase in cash rates.

The Aussie buck opens higher than its previous two-year high of $US 94.69 cents achieved on Friday by opening trade at $US 94.75 cents.

The Australian currency is trading higher as the greenback weakens in the lead up to a lunchtime speech by the Reserve Bank of Australia governor.

Speculations of an International Monetary Fund (IMF) rescue for Ireland sends the Australian dollar to open lower this morning.

The Australian currency was higher at Friday noon, nearing a two-year high, as traders take stock after a dramatic week on currency markets.

The Australian currency finished at two-year high on Friday, returning to heights held before the financial crisis.

The Australian dollar appears to be following the rise of the Euro as it opened higher today.

The Australian currency was slightly higher at Thursday noon as further speculation of quantitative easing in the US and currency devaluations by other countries kept it in a tight range.

The Australian currency finished lower on profit-taking after Japan did not step in a second time to weaken the yen against the greenback.

The Australian dollar opened slightly higher after an unsteady session at the U.S. share market.

The Australian currency was half a cent stronger at Wednesday noon and trading near a two-year high after the greenback weakened on reports of US quantitative easing overnight.

The Australian dollar reached a five-week peak against the yen on Wednesday, while holding not far from two-year highs on the greenback, as Japan stepped in to sell yen.

The Australian Dollar has out-performed the other major currencies over the past week, and this continued last night, with the AUD setting a new 2 year high of 0.9450 following rumours that the US Federal Reserve will announce quantitative easing measures as early as November.

Speculation the U.S. Federal Reserve will purchase up US$1 trillion in government bonds to aid the economic recovery has weakened the greenback across the board pushing the Australian Dollar to a two-year high near 0.9450 during brisk overnight trade.

The Australian dollar reaches the level it was in before the global financial crisis struck in 2008.

The Australian currency had kept most of the gains made in the past 24 hours, but failed to remake a five-month high reached on Monday.

The Australian currency was stronger at Tuesday noon, although investors avoided any big moves as they awaited the resolution of Japan's leadership struggle.

The Aussie buck is enjoying a five month high ride as it began trading today at $US 93.57 cents. The value is up from Monday's close of $US 93.19.

Early trading shows the local currency at US 92.96 cents. The value is up from Friday's close of $US 92.31 cents. It was buying 78.28 yen, 60.47 pence, and 73.07 euro cents.

The Australian currency was higher at Friday noon after touching a four-month high as it continued to ride a bullish sentiment coming from positive economic data.

The Australian currency finished at four-month highs, underpinned by news that China's trade surplus had unexpectedly shrunk.

The Australian dollar is trading at its highest since April as it started the sessions at $US0.9261. It is trading at $US0.9230/32, up from Thursday's close of $US0.9215/17.