Australian dollar hits 35-year high amid yield surge
The Australian and New Zealand dollars demonstrated resilience on Feb. 5’s trading sessions, buoyed by widening yield differentials.
The Australian and New Zealand dollars demonstrated resilience on Feb. 5’s trading sessions, buoyed by widening yield differentials.
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.
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