Aust dollar slips in early trade

Local currency weakens as investors' fears over US budget deadline intensify.

The Australian dollar is lower as currency traders get increasingly nervous over the looming deadline for the US to reach a budget compromise to raise its borrowing limit.

At 0630 AEST, the local unit was trading at 93.56 US cents, down from 93.89 cents on Thursday.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles