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Aussie dollar

This Month

Christian Baylis says a rising US dollar under Donald Trump will make it more difficult for the RBA to cut interest rates.

Interest rates on hold until 2026 not ‘inconceivable’

Expectations of inflationary tariffs from president-elect Donald Trump could result in no interest rate relief in Australia next year, warn analysts.

  • Updated
  • Cecile Lefort

October

Several economic forces that once weighed on the AUD now seem to be shifting in its favour, potentially driving further strength.

Why the Aussie dollar can rebound above US70¢

Investors may want to consider increasing exposure to Australian dollar-denominated assets or reviewing hedging strategies that benefit from a stronger currency.

  • Todd Hoare
NAB’s Rodrigo Catrill says uncertainty with the outcome of next week’s US election has weighed on the local currency.

$A will ‘struggle to punch higher’ as US election weighs on sentiment

The local currency has declined for four consecutive weeks as nervous investors pile into the greenback one week out from the US election that one national poll has Donald Trump ahead.

  • Joanne Tran
The basic reason for AUD mispricing has been that relative interest rates in Australia were set too high, and too low.

Erratic Aussie dollar a factor in the RBA’s missed inflation targets

Over the past decade, the central bank’s policy choices have led to exchange rate levels that have made inflation challenges harder, not easier.

  • Huw McKay
ANZ and HESTA are exploring how stablecoin technology can streamline employer contributions under looming payday super laws.

HESTA, ANZ pilot use of A$DC stablecoin for payday super

Bringing data and payments together promises efficiencies for super funds grappling with new laws that will more than double incoming contributions.

  • James Eyers
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Mark Carnegie: “Circle is the obvious candidate to be the long-term winner in the regulated stablecoin space.”

Mark Carnegie pushes Circle’s USD Coin to Australia’s super funds

MHC Digital says USDC, which has a market cap of $50 billion, could be used by big institutional investors to bypass banks and save hundreds of millions of dollars.

  • James Eyers

September

bitcoin

Bitcoin is going mainstream. Can Australia join the party?

Twenty-thousand crypto believers descended on Singapore this week – and the companies they represented may surprise you.

  • James Eyers
Reserve Bank of Australia.

RBA warms to its own digital currency – but only for other banks

The central bank says it could save billions of dollars by making transactions faster. But it has decided digital cash for the public is far riskier.

  • James Eyers

August

Traders are betting on a rise in commodity prices as the US dollar drops.

Traders pile into $A, commodities ahead of Fed cuts

Investors have started targeting the US dollar, adding further momentum to its decline and sparking a rally across foreign-exchange and commodity markets.

  • Alex Gluyas
Economists expect the Australian dollar to climb throughout the year.

Aussie dollar’s rebound brushes off China woes

The $A has staged a powerful recovery from the market rout to climb above US67¢ despite the collapse in iron ore prices. Strategists expect the rally to keep going.

  • Alex Gluyas

July

Reserve Bank governor Michele Bullock will meet to discuss interest rates next week.

Relief rally sweeps market after cool inflation tempers rate fears

Shares had the best day since 2022, the Aussie dollar fell, and bond yields tumbled after core inflation prompted traders to rapidly start pricing in a rate cut in Australia.

  • Joshua Peach and Sarah Jones
The ACCC wants to make foreign exchange calculators provided by banks more accurate.

ACCC wants banks to make foreign exchange calculators more accurate

The regulator has proposed changes to FX calculators to ensure banks subtract fees, so customers have genuine transparency.

  • James Eyers

$A hit with longest stretch of losses in a year on China woes

The Australian dollar fell for a seventh session below US67¢ as concerns about China’s economy weigh on the currency and commodity prices. 

  • Joanne Tran
The Aussie dollar’s furious rally could continue into the second half of 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
The Aussie dollar touched its highest level since January 9.

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
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June

Bank of Japan governor Kazuo Ueda.

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
Protesters hold flares and banners during a demonstration against the far-right and racism in central Paris.

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
Robert Waugh and Drew Bradford left NAB to create Ubiquity, a new AUD stablecoin.

NAB kills its stablecoin, bankers decamp to form Ubiquity

The bank canned its digital Australian dollar, known as the AUDN, so Rob Waugh and Drew Bradford left to set up their own product, to be called Ubiquity.

  • James Eyers

May

The Australian dollar is up 2 per cent this month.

$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
The rally in copper prices to record highs haven’t translated to a stronger Aussie dollar yet.

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

Original URL: https://www.afr.com/topic/australian-dollar-5un