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A brief post-election rally has unravelled after US investors pulled billions of dollars last week, but local investors aren’t panicking yet.
The Aussie dollar took another leg lower overnight that risks stoking further price rises that makes the central bank’s job even harder.
The country’s currency has collapsed into unchartered territory, and while holidays to Bali are getting cheaper, the bigger picture is not good for Australia.
More investors are starting to worry that a rapid unwind in the AI trade will spill over to the Australian dollar. But not everyone agrees.
Hedge funds feasted on a 53 per cent crash in bitcoin prices earlier this year – but an explosive rally over the past month has sent short-sellers scrambling.
While investors are bracing for a fourth interest rate rise from the RBA this year, it is good news for those headed overseas.
The Reserve Bank of Australia has trimmed its exposure to the greenback to the lowest level since 2012 as policymakers turn away from volatile American markets.
Investors are flocking back to gold and crypto as US debt concerns rattle global markets, but not everyone is convinced about the so-called debasement trade.
After a 50 per cent collapse, prices for the cryptocurrency suddenly rallied more than 20 per cent last week, forcing hedge funds to buy by the token.
A weaker greenback and positive policy signals out of China have turbocharged a rally in the Australian dollar that strategists say could have further to run.
Cryptocurrencies surged when US Treasury Secretary Scott Bessent announced the department would at least double the size of its bond buybacks.
The currency has shot up US2¢ in just seven weeks, but with the RBA largely done with raising rates, strategists aren’t convinced there is much more to go.
An extraordinary co-ordinated intervention in currency markets by the US and Japan could have huge ramifications for investors – including Australian super fund members.
Hopes for a sustained rebound in the dollar are fading as tensions in the Middle East and an oil spike reignite inflation risks.
The prevailing trade of the past two years has all but unwound as Fed chairman Kevin Warsh revives faith in the dominance of US assets.
Forex traders can’t shake the feeling that the Reserve Bank has not finished raising rates, which is keeping the Australian dollar steady for now.
Small cryptocurrency exchanges offering popular trades are popping up quicker than local regulators can block them.
As digital currencies and tokenised assets move from research projects to real-life transactions, financial institutions are working hard to ensure new payment systems integrate seamlessly with existing ones.
The Australian currency has been sold off after Iranian missile strikes on Israel shattered investor confidence, while a strong US jobs report has not helped.
Bitcoin below $US70,000 after Strategy’s first sale of bitcoin since 2022 as the industry competes for the limelight against other much-hyped trades.
A red-hot US economy and war in Iran have dragged the Australian dollar below US72c, raising questions about how much higher the currency might go.
Foreign exchange experts say the market has priced in too many rate rises for the rest of the year and this could rapidly unwind the currency’s breakout rally.
Major central banks from the Federal Reserve to the Bank of England are poised to hold interest rates this week, which could light a fire under the Australian dollar.
The greenback still dominates global trade and makes up the bulk of central bank reserves, but elsewhere the reliance on the US dollar is falling.
Conflict in the Middle East reverses greenback weakness, as rising oil prices and escalation fears bolster demand for safe haven.
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