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  • The multi million dollar opportunity Melbourne City can earn for their A-League rivals tonight: h…

    The multi million dollar opportunity Melbourne City can earn for their A-League rivals tonight: h…

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    The multi million dollar opportunity Melbourne City can earn for their A-League rivals tonight: how it works and the curveball

    Melbourne City could earn another A-League team millions of dollars if they are victorious in the second leg of their AFC Champions League Elite (ACLE) round of 16 clash against Buriram United, in Thailand on Tuesday night.

    After Ben Mazzeo’s late equaliser in the first leg at AAMI Park, the tie remains in the balance at 1-1. Aurelio Vidmar’s side had the weekend off in the A-League in order to be fully refreshed for the return fixture, where they’ll take on a club managed by former Central Coast Mariners manager Mark Jackson.

    However, beyond the immediate matter of qualification to the next round, a much higher prize awaits Australian football if Melbourne City are successful.

    ACLE Round of 16 Second Leg Report: Buriram v City

    Melbourne City’s AFC Champions League Elite campaign came to a heartbreaking end in Thailand on Tuesday night, going down 4-2 on penalties to Buriram United after a tense and scoreless second leg at Buriram Stadium.

    After last week’s dramatic 1-1 draw in Melbourne left the tie perfectly balanced, neither side could find a breakthrough across 120 minutes in front of more than 22,000 home supporters. With the aggregate score still level at the end of extra time, a penalty shootout was required to decide who would advance to the Quarter Finals.

    Following the dramatic draw in the first leg, secured by Ben Mazzeo’s stoppage-time equaliser, Aurelio Vidmar opted to name an unchanged squad for the decisive return leg, backing the same group of starters and substitutes to get the job done in Thailand.

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    Mazzeo header earns Melbourne City late draw in ACL Elite

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  • Manly rocked by multimillion-dollar lawsuit over Keith Titmuss’ tragic death after training | M…

    Manly rocked by multimillion-dollar lawsuit over Keith Titmuss’ tragic death after training | M…

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    Manly rocked by multimillion-dollar lawsuit over Keith Titmuss’ tragic death after training

    The Manly Sea Eagles have been hit by a multimillion-dollar lawsuit from the family of former player Keith Titmuss, who died from “heat exhaustion” after a training session.

    The Daily Telegraph reported Manly are being sued by Titmuss’ family for an allegedly “inappropriate training session” that led to the young player’s tragic death.

    Titmuss died at the age of just 20 in hospital hours after suffering a seizure following a brutal workout session in hot conditions during Manly’s pre-season on 23 November 2020.

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    NRL 2026: Family of Keith Titmuss sues Manly Sea Eagles over training tragedy

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    The family of Keith Titmuss has commenced legal action against Manly after the former Sea Eagles player died of exertional heatstroke during a training session deemed “more likely than not inappropriate”.

    A coronial inquest found Titmuss was “most likely suffering involuntary dehydration” when he entered a wrestling gym for a cardio workout at the end of Manly’s first field session of pre-season training in November 2020.

    A paramedic who tended to Titmuss described his body temperature of 41.9 degrees as the “hottest they’d ever seen”, with the inquest finding a pre-existing heart condition played no part in his death.

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  • Aussie dollar to hit the ‘mid-70s’ as RBA raises interest rates | The Aussie dollar is soarin…

    Aussie dollar to hit the ‘mid-70s’ as RBA raises interest rates | The Aussie dollar is soarin…

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    Aussie dollar to hit the ‘mid-70s’ as RBA raises interest rates

    The sudden surge in the Australian dollar above US71¢ is expected to continue for the next few months at least, but some strategists warn the rally could rapidly unwind as the US currency starts to reassert itself.

    The Aussie dollar touched US71.47¢ on Thursday, its highest level since February 2023 and extending its rally already this year to a massive 7 per cent, buoyed by a weaker greenback and an interest rate increase by the Reserve Bank of Australia last week.

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    The Aussie dollar is soaring – but there’s a hidden headwind

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    When Australians invest in global markets, they are essentially making two decisions at once. The first is an investment call on the underlying asset. The second, which is often overlooked, is a currency bet.

    For many investors, it’s this hidden currency exposure that can come as a surprise. Movements in the Australian dollar can quietly add to or erode returns from international investments and have the potential to overwhelm the performance of the asset itself.

    If the Australian dollar rises by 10 per cent against the US dollar, the value of that investment falls by roughly 10 per cent when converted back into Australian dollars, even if the underlying shares have not moved. The opposite is also true: if the Australian dollar falls, unhedged offshore investments receive a boost.

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    AI industry risks and the Australian dollar nears US$0.71

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  • Australian dollar and yen at a level not seen since the 80s | investingLive Asia-Pacific FX news …

    Australian dollar and yen at a level not seen since the 80s | investingLive Asia-Pacific FX news …

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    Australian dollar and yen at a level not seen since the 80s

    Japanese tourism destinations including Kyoto are growing increasingly popular. (AFP: Sebastien Lapeyrere/Hans Lucas)

    The Australian dollar reached a 40-year high against the yen on Monday, making Japan even cheaper for tourists to visit, analysts said.

    A record number of Australians visited Japan in 2025, exceeding one million for the first time, according to Japan's tourism agency.

    Analysts expect the Australian dollar to remain strong against the yen, but say currency movements can be volatile.

    Australians visiting Japan are seeing their trips get even cheaper as the Australian dollar hits a four-decade high against the Japanese yen, foreign exchange analysts say.

    investingLive Asia-Pacific FX news wrap: JPY and AUD both climb

    It was a Japanese market holiday today, with cash equities and bond trading closed. The yen nevertheless strengthened in regional trade, with USD/JPY dipping below 153.40 in Asian centres. There was no obvious fresh catalyst. Market commentary cited fading concerns about a fiscal crunch in Japan and ongoing divergence between Bank of Japan tightening and Federal Reserve easing.

    I’m not entirely convinced by that narrative. On Tuesday (US time), Federal Reserve regional presidents Beth Hammack and Lorie Logan struck steady-to-hawkish tones rather than dovish ones, suggesting the Fed is in no hurry to ease further.

    From China, January inflation data showed CPI rising less than expected while producer price deflation persisted. Prior to the release, the People’s Bank of China set the USD/CNY reference rate at its strongest level for the yuan since 11 May 2023. The yuan softened modestly after the data but has since recovered some ground, reinforcing the broader theme of managed stability rather than disorderly weakness.

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  • Live: ASX and Aussie dollar up ahead of expected rate hike | ASX rises 1.2pc ahead of RBA decisio…

    Live: ASX and Aussie dollar up ahead of expected rate hike | ASX rises 1.2pc ahead of RBA decisio…

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    Live: ASX and Aussie dollar up ahead of expected rate hike

    The Reserve Bank has hiked the cash rate 0.25 percentage points to 3.85 per cent, in its first rate rise in more than two years.

    The Australian dollar has rallied on the rate hike, while the ASX 200 has come off its highs but remains positive.

    We'll bring you the latest on what's happening on the markets throughout the day in our live blog.

    Betashares chief economist David Bassanese has issued a note with his take on today.

    "The Reserve Bank has today bared its teeth by re-asserting its determination to bring down inflation," he says.

    His reading is the RBA board "judges that solid demand in the face of limited spare economic capacity is also playing an important role" to push up inflation.

    ASX rises 1.2pc ahead of RBA decision; Newmont gains amid gold rebound

    ASX trims strong gains as RBA signals rates could rise further

    RBA won’t tell Labor what to do with fiscal policy: Bullock

    Productivity is the issue which the RBA can’t control says Bullock

    The Australian sharemarket rose on Tuesday, but finished softly after the Reserve Bank of Australia delivered its first interest rate hike since 2023 – the first by a major economy this cycle.

    The S&P/ASX 200 Index rose 78.5 points, or 0.9 per cent, to 8,870.60, with 10 of 11 sectors in positive territory, rebounding from Monday’s 90-point loss. The RBA’s 25-basis-point riseto 3.85 per cent briefly cooled the rally, which had peaked at 8,896.60 and was shaping up to be the index’s biggest gain since November. The unanimous decision pushed the dollar up 0.8 per cent to US70.09c.

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    ASX jumps ahead of RBA rates call; Musk merges xAI, SpaceX to create $1.8 trillion giant

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    The Australian sharemarket has given up some of its earlier gains after the Reserve Bank raised official interest rates for the first time since 2023, saying inflation would remain outside its target band.

    The S&P/ASX 200 was up 0.8 per cent or 73.4 points at 3.25 pm, after trading 1.2 per cent higher earlier in the day. All sectors were in the green except for utilities, with miners and technology the strongest performing sectors.

    The Reserve Bank raised interest rates by 0.25 percentage points to 3.85 per cent, in a move that prompted a small retreat in the ASX200 and also sent the Australian dollar above US70¢ shortly after the decision.

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  • Live: Aussie dollar surges past three-year high of 70 US cents as greenback tumbles | AUD/USD sur…

    Live: Aussie dollar surges past three-year high of 70 US cents as greenback tumbles | AUD/USD sur…

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    Live: Aussie dollar surges past three-year high of 70 US cents as greenback tumbles

    The Australian dollar has climbed to its highest level since February 2023, while gold has surged above $US5,100 an ounce for the first time ever.

    It comes ahead of the latest inflation figures, which the ABS will release at 11:30am AEDT.

    If the data show a bigger-than-expected rise in consumer prices, the Reserve Bank will be more likely to lift interest rates at its policy meeting next week.

    The Australian share market has followed a mostly positive lead from Wall Street and started its day higher.

    One way to measure the greenback's strength is the US dollar index, which is often abbreviated to "DXY".

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