Australia Forex

The Australian dollar reached a 13-year peak of NZ$1.23 against the New Zealand dollar following shifting interest rate expectations.

ASX-listed global money transfer company OFX Group (ASX:OFX) reported a challenging financial year ended March 31.

OFX Group (ASX:OFX) reported the completion of its new client platform migration across all major international markets.

The Australian dollar surged to its highest level since June 2022 on April 16, reaching a four-year peak of $0.7194.

The Australian dollar surged across the European session on April 6, bolstered by a glimmer of hope for de-escalation in the Iran conflict.

The Australian dollar softened on March 17 following a high-stakes Reserve Bank of Australia meeting where a cash rate hike was delivered.

The Australian dollar remains resilient against global risk aversion and rising oil prices, supported by hawkish RBA interest rate expectations.

The Australian dollar hits 45-month highs against the US dollar as RBA rate hike speculation grows.

Aussie and Kiwi dollars recover as global oil prices plunge 10%, easing inflation fears and providing a vital reprieve for risk-sensitive markets.

The Australian dollar has demonstrated remarkable resilience on March 3, pivoting from its traditional role as a high-beta risk proxy to benefit from a burgeoning "safe haven" bid.

Australian and NZ dollars saw sharp volatility early March 2, plunging on Middle East conflict fears before recovering most losses as markets stabilised.

The Australian dollar powered to fresh heights on Feb. 13, fueled by a significant widening in yield spreads.