THE Australian dollar finished at its weakest level in four months as the lowest number of home loan approvals since 2004 for owner-occupied housing signalled to traders interest rates could be cut as early as next month
DEMAND for home loans has fallen to the lowest level in four years, fuelling the possibility of an interest rate cut as early as next month, an economist says
THE dollar opened at its lowest level in nearly four months today after the central bank kept interest rates steady and raised the chances of rate cuts later this year