Australian stocks lower ahead of US Fed meeting

01 August 2012 Myriam Robin

Australian stocks followed Asian markets lower today.

At 2.30pm, the ASX200 gave up 0.22% to 4259.8, while the broader All Ordinaries index also lost 0.22% to 4280.0.

The Australian dollar softened from yesterday’s four-month high. It’s currently buying $US1.04925.

Myriam Robin

Myriam Robin is a journalist with LeadingCompany. You can follow her on Twitter at @myriamrobin


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