The Australian dollar has fallen back to earth after a wild night that briefly saw the currency hit a three-week high, before slumping nearly a whole cent.

Wells Fargo was fined after employees secretly opened accounts to hit sales targets and earn bonuses.

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Wall Street drifted lower overnight setting up a negative open for local shares.

More evidence the world is kicking its dividend addiction has surfaced in the options market.

Mario Draghi says policymakers didn't discuss extending the duration of QE or expanding into stocks.

The ASX fell sharply as a shift in global sentiment prompted local investors to sell bank and mining stocks.