Today
Struggling bitcoin miners seek deals with AI companies
They now hope to benefit from a surge in demand for powerful but scarce chips which are used in both crypto mining and AI processing.
- 5 mins ago
- Nikou Asgari and Tim Bradshaw
This Month
Haven rush, ‘Trump trades’ on investor minds after shooting
Investors will likely rush into assets like the US dollar, gold and bitcoin after the assassination attempt of the former US president.
- Ruth Carson
Exclusive Subscriber Offer - Crypto & Digital Assets Summit 2024
Financial Review subscribers receive a 15% discount on in-person tickets to this event on September 23, 2024.
Why the Aussie dollar rally could just be getting started
It’s a good time for Australians to be heading overseas, with the currency’s surge to a six-month high likely to extend into the second half of this year.
- Alex Gluyas
Growing bets on Fed rate cuts boost $A to six-month high
Evidence of weaker US growth and a deteriorating job market bolstered conviction that the Fed will cut rates imminently, triggering a rally in commodities.
- Alex Gluyas
June
Bond yields retreat as traders temper RBA rate hike fears
Traders have pared bets that the RBA will raise rates this year, with some economists warning that financial markets overreacted to May’s inflation figures.
- Alex Gluyas
Yen’s free fall exposes the Fed’s grip on markets
The yen is plunging through milestone levels in rapid succession and likely won’t stop until the Federal Reserve finally pivots on rates.
- Carter Johnson and Anya Andrianova
Why now’s a good time to visit Europe (and it’s not the Olympics)
French political turmoil is good news for Australians heading to Europe with the dollar trading at its highest level against the euro in a year.
- Cecile Lefort
ASX bitcoin ETF launch opens gates to wider cryptocurrency industry
The markets watchdog has told investors to “only put in what they are prepared to lose” after Australia’s main exchange operator opened the door to bitcoin.
- Updated
- Joshua Peach
May
$A bulls face disappointment on long road to pandemic high
Traders hoping the Australian dollar will strengthen may be caught out as optimism over China’s rebound fades and the local economy falters.
- Matthew Burgess and Michael G. Wilson
Rally hits a wall on China growth and US inflation fears
Worries about China and hotter-than-expected business activity in the United States hit markets on Friday as traders ramped up bets against the $A.
- Updated
- Alex Gluyas
Hopes of ether ETF revived after flurry of SEC filings
The digital token surged about 23 per cent this week and was trading at around $US3780 in Asian trading on Wednesday.
- Isabelle Lee, Sidhartha Shukla and Emily Graffeo
Crypto lifted by ether’s biggest jump since 2022 on ETF hope
Social media is alive with speculation that the US regulator may be warming to the idea of an ether exchange-traded fund.
- David Pan, Olga Kharif and Isabelle Lee
