The Australian national currency has fallen 0.4 per cent against the US Dollar to 91.14 U. S. cents this morning in Sydney.

The Australian dollar recorded its second fall in two days ahead of US retail data. It is believed that the increased retails sales could make the case for a faster roll back of Federal Reserve's stimulus package in the US, which would weaken the American currency. The Australian dollar fell against 14 of its 16 major counterparts ahead of a business confidence report that may impact the outlook for the Reserve Bank of Australia's monetary policy.

The New Zealand Dollar recorded a fall for a second day after recording its biggest weekly climb since 2011. It fell to 0.5 per cent to 79.76 U. S. cents after recording a 2.6 per cent weekly gain on Aug. 9, which is its highest since December 2011.

Weakening trends in the Australian economy may convince the central bank to consider further interest rate cuts to boost growth in the Australian economy. Analysts are waiting for Australia's NAB Business Confidence and the Commonwealth Treasury's pre-election economic and fiscal outlook to access the currency markets.