$A down against stronger $US

The Australian dollar is lower against a stronger greenback following improved US economic figures.

At 0630 AEDT on Wednesday, the currency was trading at 102.42 US cents, down from 102.83 US cents on Tuesday.

The Australian dollar weakened overnight after improved American consumer confidence and housing data lifted the US dollar.

The Conference Board's consumer confidence index hit 69.6 in the month of February, while the Commerce Department reported a 15.6 per cent increase in new home sales, the biggest increase in nearly two decades.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.9331-0.0001-0.01%
    AUDUSD=X
    0.5551-0.0004-0.07%
    AUDGBP=X
    0.6750-0.0005-0.07%
    AUDEUR=X
  • Commodities
    Commodities
    NamePriceChange% Chg