Australian dollar steady

dollar-13The Australian dollar is steady against its US counterpart after mixed data in the US and an uneventful G20 meeting resulted in consolidation among most currencies.

At 0640 AEDT on Monday, the Australian dollar was worth 76.89 US cents, marginally ahead from 76.82 US cents at Friday’s close.

Westpac senior market strategist Imre Speizer said he expects the Aussie dollar to trade in a narrow range between 76.65 and 77.20 US cents in the immediate term.

The local currency is also higher against the euro but edged down against the Japanese yen.


Access exclusive analysis, locked news and reports with Inside Retail Weekly. Subscribe today and get our premium print publication delivered to your door every week.


Comment Manually

Inside Retail Polls

Schwarz Group, Aldi and the big two
How will the Aussie entry of either Kaufland or Lidl impact the supermarket industry?

Inside Retail Directory


New CBA research displays retailers bullishness and willingness to innovate and fail.

5 mins ago

Sue Nairn, kikki.K's Global Retail Director is on stage at Inside Retail Live, Festival of Ideas. Get your tickets…

3 days ago

A look back at what made headlines this past week.

3 days ago

FREE NEWS BRIEFS Get breaking news delivered