The Australian dollar stayed under pressure on Friday, hurt by news the nation's top lender was booking more losses from its exposure to toxic debt and growing speculation domestic interest rates have peaked. The Aussie was at $0.9584/89 against the US dollar, barely changed from $0.9581/84 late here on Thursday. It fell to near a two-week low of $0.9545 earlier in the session and has lost over 2 percent during the week.
The Aussie is off more than 3 percent from a 25-year peak of $0.9851 struck last week as investors veered to the view that domestic rates had peaked and the global economy was slowing.