The Australian dollar has fallen below 62.4 US cents, its weakest level since October 2022, after the US Federal Reserve cut interest rates, but signalled there would be fewer rate reductions next year. Follow live. The Australian dollar has fallen below 62.4 US cents, its weakest level since October 2022, after the US Federal Reserve cut interest rates, but signalled there would be fewer rate reductions next year. Follow live. Stock Market, Currency, Interest Rates, Company News Latest business news