FOREX

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.

The Australian currency was lower at midday, as investors worry the troublesome resource super profits tax (RSPT) will return on the agenda if the Greens hold the balance of power after the August 21 federal election.

The Australian currency opened weaker Thursday morning after ratings agency Moody's (NYSE:MCO) announced it would review the credit rating of global miner BHP Billiton (ASX:BHP).

The Australian dollar was lower at midday after being dispirited by worse-than-expected Japanese economic growth news.

The Australian currency was slightly lower at midday after a lacklustre US lead.

The Australian dollar opened slightly lower today as investors continued to dodge risk assets after the release of worse than expected US jobs numbers.

The Australian dollar was trading lower at midday, as a bleak global economic outlook and a marginal rise in the unemployment rate dragged the local currency down.

The Australian currency started weaker, sliding below 90 US cents overnight as traders continue to avoid risk assets due to bad global economic data.

The Australian currency opened higher on Wednesday after the US Federal Reserve announced stimulus measures to aid the weakened US economy.

The Australian currency had slumped by noon as weak local economic data urged traders to take profits.

The Australian currency opened lower Tuesday morning after a night of lacklustre trade as the investment community look ahead of the US central bank's assessment of the American economy.