Aust dollar lower in late trade

By Chris Kohler with AAP

A batch of data is being released in the US on Tuesday night, including house prices, durable goods orders and consumer confidence, but it was questionable whether the figures would have much impact on the US dollar, Mr de Ferranti said. "This is given that the figures are more on the periphery in terms of shaping US Federal Reserve policy expectations," FXCM market analyst David de Ferranti said. "Rhetoric from the central bank continues to suggest that its core focus remains on the labour market.

Read more here: Business Spectator

    

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