The Latest Breaking News from Australian Dollar

An Australian court has ordered Airbnb to pay a 15 million Australian dollar ($10 million) fine, and the accommodation rental company could pay as much again in compensating customers who had been unaware they were being charged in U.S. rather than Australian dollars

Australian Dollar TO USD buying exchange rate is USD 1.48 as per open market rate and AUD TO USD selling exchange rate for 1 Australian Dollar is USD 1.48....

Australian Dollar TO USD buying exchange rate is USD 1.49 as per open market rate and AUD TO USD selling exchange rate for 1 Australian Dollar is USD 1.49....

Australian Dollar TO USD buying exchange rate is USD 1.50 as per open market rate and AUD TO USD selling exchange rate for 1 Australian Dollar is USD 1.50....

These days, we take for granted that the value of the Australian dollar fluctuates against other currencies, changing thousands of times a day and at times jumping or falling quite a lot in the space of a week.

Since Australia’s Reserve Bank hiked interest rates two weeks ago, there have been two important developments – one in the United States and the other in the United Kingdom.

The ASX200 spent the day hovering above and below the 7,000 level, eventually finishing just under it, while the Australian dollar hit a three-month high.

The local share market was down as much as 0.65 per cent in early trading but just as it did on Friday, staged an afternoon comeback to close slightly higher.

Australia's second quarter is typically associated with seasonal trends in tourism and travel. The country attracts many international tourists as Australia's weather becomes more favorable during this period. The influx of visitors can influence the demand for the Australian Dollar. Could this put profits in traders' accounts this year?