AustraliaForex

The Australian dollar has surged past the 70 US cents threshold for the first time since February 2023.

The Australian and New Zealand dollars slipped on Jan. 9 as investors positioned themselves ahead of the US non-farm payrolls report, the first clear economic read following the recent government shutdown.

The Australian dollar remained largely unchanged on Jan. 5 as renewed geopolitical tensions triggered a cautious retreat in global risk appetite.

The Australian and New Zealand dollars were closing out 2025 with steady gains against the US dollar on Dec. 31.