Currencies

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'Underperformer': $180b fund manager AMP is betting against the Aussie dollar

'Underperformer': $180b fund manager AMP is betting against the Aussie dollar

On of the nation's biggest money managers is betting the Australian dollar will slide, saying positive factors for the currency are "just not there any more".

  • by Ruth Carson and Andreea Papuc

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Trumponomics and the surprisingly strong Australian dollar
Donald Trump

Trumponomics and the surprisingly strong Australian dollar

During a recent trip to the United States, Westpac chief economist Bill Evans says the talk of the town was about President Donald Trump's big boosts to the economy.

  • by Patrick Commins
Not everyone is buying into the latest crypto's success

Not everyone is buying into the latest crypto's success

One of the best performing cryptocurrencies last year, and one of the most accessible to mum-and-dad investors, was ripple.

  • by Hugo Dubler
The Aussie wasn’t meant to be this way
Opinion
Australian dollar

The Aussie wasn’t meant to be this way

It looks like the foreign exchange market is saying something about Trump's economic policies that Wall Street is still trying to ignore.

  • by Michael Pascoe
Get ready for most cryptocurrencies to hit zero, Goldman Sachs warns

Get ready for most cryptocurrencies to hit zero, Goldman Sachs warns

The tumble in cryptocurrencies that erased nearly $US500 billion of market value over the past month could get a lot worse, according to Goldman Sachs's global head of investment research.

  • by Kana Nishizawa
Australian dollar drops below US78c to 2018 low
Australian dollar

Australian dollar drops below US78c to 2018 low

The Australian dollar has slipped to a six-week low against its US counterpart, before regaining some ground, as the US dollar has extended its recent gains.

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Australian dollar tipped to slide back to 70 US cents

Australian dollar tipped to slide back to 70 US cents

The Australian dollar's longest rally in 18 months is bringing out the bears.

  • by Netty Ismail
Australian dollar dives after Trump says the US dollar will get 'stronger and stronger'
UPDATED

Australian dollar dives after Trump says the US dollar will get 'stronger and stronger'

The Australian dollar has dived after President Donald Trump told CNBC he wants a strong US dollar, contradicting comments made by Treasury Secretary Steven Mnuchin one day earlier.

  • by Timothy Moore
Australian dollar surges to 32-month high as US talks down the greenback

Australian dollar surges to 32-month high as US talks down the greenback

The Australian dollar surged more than 1 per cent, before easing, after US officials signalled their openness to a weaker greenback.

  • by Timothy Moore
As bitcoin sinks, crypto bros party hard on a blockchain cruise

As bitcoin sinks, crypto bros party hard on a blockchain cruise

600 cryptocurrency enthusiasts saw the price of bitcoin bomb as they set sale from Singapore.

  • by Blake Schmidt
Aussie dollar tops 80 US cents to hit four-month high

Aussie dollar tops 80 US cents to hit four-month high

The local currency extended its recent run to push above US80¢ for the first time since September.

  • by Patrick Commins